Servicing

Equifax's latest monthly national consumer credit trends report shows a decline from July 2011 in the amount of overall mortgage debt and a decrease in residential mortgage delinquencies.

Bank of America will give up to 1,000 properties to nonprofits and local government programs to house injured military veterans and first responders.

Wells Fargo ranked first among all GNMA servicers in the second quarter with a 30% market share.

June set a record for HARP 2.0 volume at 126,000 loans, including 53,750 mortgages with loan-to-value ratios over 125%.

The Attorney Generals in Arizona and California are pursuing loan modification fraud cases.

Fidelity National Financial Inc., Jacksonville, Fla., this week priced a $400 million offering of 10-year notes that yield 5.564% in 2022.

Roughly 400,000 fewer U.S. homeowners saw their mortgage fall into underwater status in the second quarter.

The average 30-year fixed-rate mortgage continued its slow increase during the week ending Aug. 23, rising four basis points to 3.66%.

Minutes from a recent Federal Open Market Committee meeting show Federal Reserve officials leaning toward taking more steps to artificially lower long-term rates.

Chase, Bank of America, Citigroup, Wells Fargo and Ally Financial have been sending mass mailings this year to thousands of distressed homeowners offering refinances, principal reductions and other forms of relief to comply with the national mortgage settlement signed in March.