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A recent earthquake is adding to servicing challenges in Puerto Rico caused by multiple natural disasters, power outages and some companies' insufficient use of technology, according to one vendor.

Every month, the Madison County Sheriff's Department conducts a sale of properties where banks and lending institutions have regained possession.

Colorado Springs-area homes sold at a near-record clip last year, but an inventory shortage held the market back from being even better.

Former CFPB Director Richard Cordray and consumer advocates have designed a proposed state consumer agency that would subject more financial firms and fintechs to state oversight.

Vision Property Management has settled accusations made by New York regulators of predatory lending practices for a total of $3.75 million in cash and forgiven mortgage loan balances.

Wells Fargo, which contested the prior sale of a Manhattan, Kan., home for only $1 in a foreclosure auction, was the winning bidder at a new sheriff sale for the property.

The delinquency rate for commercial mortgage-backed securities ended 2019 at its lowest point in nearly 11 years, aided by increased issuance and the resolution of legacy transactions, Fitch Ratings said.

Bolstered by a high demand by both lenders and borrowers, 2020's commercial and multifamily loan volume is anticipated to shoot well past last year's record total but adapting to the LIBOR and CECL shifts will provide challenges, according to the Mortgage Bankers Association.

The estimated number of mortgage professionals employed by nondepository institutions inched down in November 2019 following a surge in the previous month.

If Amazon.com's botched expansion in New York City offers a cautionary tale, Google is showing there's another way.

The U.S. Supreme Court may soon decide if it will intervene in a high-stakes fight over the government-sponsored enterprise net worth sweep.

While buying a home in most markets results in lower monthly housing payments, in the nation's most populated counties renting is the more affordable option, Attom Data Solutions said.

The developer of three adjacent lots said one of the reasons for the sale was her time was up with her mortgage holders.

Mortgage industry hiring and new job appointments for the week ending Jan. 10

Todd Zywicki, a law professor who has sharply criticized the CFPB as an unaccountable bureaucracy, has been named chair of an agency task force identifying potential conflicts and inconsistencies in consumer finance law.

California Gov. Gavin Newsom plans to ask the legislature to revamp the current Department of Business Oversight and rename it the Department of Financial Protection and Innovation, modeled after the federal CFPB.

California homeowners with big home loans and vacation properties would owe higher taxes under new legislation to raise money for programs to get the state's homelessness crisis under control.

In a case highlighting a fraud risk for mortgage companies and other financial institutions, two Garden State residents were sentenced for using fake money orders attempting to fraudulently discharge debts.

A New York-based real estate investment firm is financing its acquisition of a portfolio of nationally branded hotels via the commercial mortgage securitization market.

Connecticut's housing market saw mixed performance in November, with solid gains in year-over-year median sale prices and total sales, but showing some overall weakness in year-to-date data released by the Massachusetts-based Warren Group.