Mortgage defaults

Smaller companies that perform servicing are rapidly growing their loan portfolios — and not just in the default servicing space.

Two former executives of the failed GulfSouth Private Bank in Destin, Fla., and another man have been indicted on federal charges of defrauding the Troubled Asset Relief Program of $7.5 million.

Although Steven Mnuchin has close ties to Wall Street and was involved in some contentious deals, Democrats face an uphill battle making the case that those connections disqualify him to serve as Treasury secretary.

The largest month-over-month decrease in foreclosure filings since November 2010 occurred last month, according to Attom Data Solutions.

JPMorgan is returning to a familiar structure as it again pools large-market prime jumbo mortgages for investors in collateralized residential mortgage loans.

Fewer delinquencies are expected to accompany higher debt levels in 2017, TransUnion predicted.

SunTrust Bank failed a test related to the collection of default-related fees from consumers in the latest report regarding its compliance with the National Mortgage Settlement.

During the third quarter, the negative equity rate dropped to 10.9%, representing roughly 5.3 million homeowners, from 13.4% a year before, Zillow reported.

Fannie Mae and Freddie Mac will replace the expiring Home Affordable Mortgage Program with a new loss mitigation option called the Flex Modification.

The national foreclosure inventory decreased by nearly a third in October from a year earlier, CoreLogic reported.