Wells Fargo & Co. ended March with $1.84 trillion of residential servicing contracts on its books, once again ranking first—but barely growing its market share.

These days, many lenders’ licensing and legal departments are larger than what they were budgeted for, and adding efficiency without adding head count to the back office must be a priority.

FCI Lender Services recently took in $106.5 million worth of servicing assignments on nonperforming loans pools purchased by private investors.

NMN sister publication Mortgage Technology has recognized top-performing industry companies for more than a decade, dating back to when its “Top 100 Technology Vendors” list debuted in the July 2002 issue.

Regardless of your position on the use of MERS as a nominee for the lender, creating a shared, accessible database of record is another reason why lenders and servicers have worked diligently to certify the accuracy of the data entered in the MERS database.

The Census Bureau said the number of housing units in the U.S. increased a scant 0.36% last year to 132.3 million.

U.S. consumers owed $8.995 trillion on their residential loans at the end of March – the lowest debt figure recorded in almost five years, according to new figures compiled by National Mortgage News and the Quarterly Data Report.

Foreclosure filings in May exceeded the 200,000 mark for the first time in three months as more servicers moved to take possession of real estate collateralized by delinquent home mortgages.

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Among Telrock’s lending clients, 40% of borrowers who were contacted through a mobile service paid directly through the device within 30 minutes of receiving the alert.

REO asset manager and loss mitigation provider Green River Capital is enhancing the broker price opinion and appraisal platform its valuation unit, Infinity Valuation Services, uses by utilizing technology from Realty Pilot.

Thanks to rock bottom interest rates new mortgage applications spiked by 18% for the week ending June 8 on a sequential basis.

Discover Financial Services has finally closed on its purchase of LendingTree Loans, also known as Home Loan Center, from Tree.com for a total purchase price of $46 million.

CoreLogic will implement a series of changes to its board, including the addition of three independent directors and the announced resignation of board chairman D. Van Skilling.

The median net worth for American families plummeted by 38.8% between 2007 and 2010, falling to a level not seen since 1992, according to a Federal Reserve study on consumer finances.

ISGN’s new CEO took the reins of the mortgage technology and outsourcing provider Monday, marking the first time that the international corporation’s chief executive will be based in the U.S.

Abhinav Asthana of Wipro Gallagher Solutions details the company's new mobile LOS app.

The next step needed to improve the integrity of values in appraisal management is a set of scores for not only the valuations themselves, but also appraisers and specific areas.

Visit the office of John O'Brien, register of deeds in South Essex County, Massachusetts, and he'll eagerly show you stacks and stacks of documents. He calls it a crime scene.

The question most people seem to be asking is whether the flat origination fee proposal is going to become law. While I do not have a crystal ball, here is my take on it: The CFPB will certainly err in favor of certain consumer groups over the industry, but won't do so when there is little to gain.