REO

Servicers are taking a much-needed hard look at the full range of customer touch-points that they operate, and NMN's 10th annual Mortgage Servicing Conference promises to offer an engaging agenda of hottest trends and topics.

Stewart Information Services Corp. has terminated Jason Nadeau, group president of the company's mortgage and title services, according to an 8-K filing dated March 1.

The number of properties in foreclosure nationwide declined in January, according to RealtyTrac.

Troubled loans no longer overwhelm the market, but there could be smaller outbreaks that servicers must be ready to deal with, a real estate services vendor says.

Atlantic City, N.J., has the fifth worst vacancy rate in the U.S, according to RealtyTrac.

The rate of home price recovery during the seven years that a foreclosure remains on a consumer's credit report is one measure of whether borrowers who strategically defaulted made the right choice by walking away. But the results vary, depending on when, where and in what price tier that borrowers defaulted.

Borrowers who walked away from underwater mortgages are coming back to the market. Some lenders are ready to give them a second chance.

Mortgage loan delinquencies dropped in December, according to Black Knight Financial Services' First Look report.

David Miller resigned as chief executive officer of Silver Bay Realty Trust Corp., and board member Thomas Brock will lead the single-family landlord during the search for a new CEO.

Synovus Financial in Columbus, Ga., reported a higher fourth-quarter profit on stronger interest and fee income.