Servicing

The conundrum the industry is grappling with is accelerating short sales while simultaneously detecting and preventing the growing incidence of fraud these transactions may produce.

Morrison & Foerster can't say it hired the attorney who wrote the CFPB's rulebook. But it picked up the guy who started the job.

Lender Processing Services and RentRange will offer rental property income data to mortgage servicers, investors and others who need it to make informed decisions about distressed housing assets.

I talk to dozens of mortgage professionals each month and without even asking, I get an earful about too much regulation in the residential finance/servicing industry.

Wells Fargo is donating up to $500,000 in bank-owned properties to a national nonprofit organization in order to provide homes for military families.

Four years is a long time, but even longer when comparing banks' relationship with Washington since the last round of political conventions.

A controversial proposal by three California municipalities to seize underwater mortgages through eminent domain could face significant legal challenges because state law prohibits local governments from taking property and conveying it to a private company.

M&T Bank Corp. said it would buy New Jersey-based Hudson City Bancorp in a deal valued at $3.7 billion.

Almost 30% of all refinances are shorter amortization products, up from just 5% in 2007.

Nationstar Mortgage Holdings said two of its subsidiaries are soliciting consents to amend a bond indenture from 2010 on 10.875% senior notes due 2015.