Servicing

Colony Financial in Los Angeles seeks to raise as much as $150.9 million through a common stock offering and use the funds to repay a revolving credit facility.

U.S. state attorneys general are pressing four regional banks to accept a legal settlement over botched foreclosures similar to a deal reached with larger competitors earlier this year

Lender Processing Services said its president and CEO Hugh Harris underwent a surgical procedure to remove a tumor from his neck, noting he has a “treatable form of cancer.”

Radian Group, MGIC Investment Corp. and Genworth Financial—saw substantial increases in their stock prices Friday, one day after Radian released robust monthly results.

Want to sell your mortgage company? What will your tax rate be next year?

Fannie Mae and Freddie Mae are raising their guarantee fees—again—and some seller/servicers are wondering if it will make a Federal Housing Administration/Ginnie Mae execution more attractive.

Mortgage firms added 1,300 new workers to their payrolls during July with loan brokers leading the hiring spree.

Tommy Lister is one of three people to admit guilt so far in mortgage fraud scheme in California.

Guarantors that are members of the Mortgage Insurance Cos. of America broke the $10 billion market in new policies written for July.

The Federal Housing Administration said 56% of the 54,000 borrowers in default on their FHA Home Equity Conversion Mortgage are participating in a “repayment plan to pay off their outstanding T&I debt.”