Foreclosures

American International Group will provide reinsurance coverage on three years of United Guaranty's policies and that was an important consideration to do the deal with Arch, said AIG's Rob Schimek.

A group of financial industry players — including mortgage servicers and credit unions — are joining together to form a new coalition promoting workforce diversity.

The percentage of vacant bank-owned properties is larger now versus a year ago as banks are completing more foreclosures, according to Attom Data Solutions.

Ocwen Financial Corp. failed two compliance tests related to force-placed insurance during the fourth quarter of 2015, according to the monitor of the National Mortgage Settlement.

A California man was sentenced to 52 months in federal prison over his role in an alleged mortgage loan modification scheme.

Altisource has expanded its offerings to include foreclosure auction services.

Affiliates of Goldman Sachs, Lone Star Funds and Neuberger Berman are among the winners of Fannie Mae’s latest nonperforming loans auction.

Mortgage servicing has undergone a dramatic transformation in response to the housing crisis, creating an environment where a focus on the consumer will define how servicers approach their business and regulators oversee their operations.

The Federal Trade Commission has obtained a court order barring the owners of several Florida companies that operated under the guise of being law firms from offering mortgage loan modification and debt relief services.

The Department of Housing and Urban Development has released the details of its next nonperforming residential loan sale through the Distressed Asset Stabilization Program.