Servicing

Nowadays, with people staying in homes for years after defaulting, it takes a lot more than $2,500 to get borrowers to leave.

So far, 43% of complaints received by the CFPB since it opened its doors in July 2011 were about mortgages.

Optimism from Trepp analysts that commercial MBS delinquency rates might improve in the second half of 2012 did not occur in July as expected.

In expanding its note sale pilot program, the Department of Housing and Urban Development is imposing new certification requirements on servicers that are willing to assign defaulted FHA loans for the upcoming sales.

The never-ending economic lethargy is sending more borrowers into default, plaguing the bottom lines at institutions such as First Financial Bankshares, S.Y. Bancorp and Southwest Bancorp.

Bank of America is ready to hit the market with a $100 million package of residential servicing rights backed mostly by nonperforming loans guaranteed by Freddie Mac.

I recently chaired a successful webinar on CFPB examinations. So successful in fact we will be doing another regulatory compliance webinar on Sept. 27.

Regulators in Georgia closed the $217-million-asset Jasper Banking, which became the industry's 39th bank to fail this year.

Ocwen Financial—an avowed nonblank—is in the envious position of being among the nation’s fastest-growing specialty servicers with a niche in processing problem loans that no other company will touch.

Reading the tea leaves of Jamie Dimon's periodic executive shakeups can be a tricky business, but on Friday Matt Zames became one of the stronger shapes to emerge from JPMorgan Chase's latest shuffle.