Servicing

Regulators are starting to see the effects of a $25 billion national mortgage servicing settlement with an increase in new loan modification trial-period plans.

Flagstar Bancorp, a top ten ranked player in residential finance, is going the reverse stock split route.

At national banks the percentage of mortgages that were current or performing was 88.7% at the end of the quarter, compared with 88.1% a year earlier.

Grand Bank has agreed to sell its wholesale mortgage banking division, ICON Residential.

The 2012 Top Tech-Savvy Lenders and Servicers have voted and Mortgage Technology is pleased to announce the finalists for the first-ever Lenders’ Choice Award.

Freddie Mac’s latest rate survey bears out earlier accounts this week showing long-term mortgage rates have dropped notably in the wake of the Federal Reserve’s third round of quantitative easing.

The first official report from the Office of Mortgage Settlement Oversight isn't due until a year after the settlement was finalized, or April 2013.

Nationstar Mortgage priced yet another offering of senior notes—this one for $100 million.

Residential Capital Corp. will be auctioned off to the highest bidder in less than a month but the process of choosing a winning bidder could stretch out to five days.

Flagstar Bancorp must stand trial over charges it breached contracts for financial guaranty insurance on roughly $1 billion in residential mortgage-backed securities it issued during the run-up to the financial crisis.