Servicing
Number of Americans in foreclosure plummets: LPS
The number of Americans in the foreclosure process plummeted by nearly 25% in the past year, according to Lender Processing Services First Look mortgage report for April. The total delinquency rate for loans 30 days or more past due, but not yet in foreclosure, also fell below 6.5% for the first... Read More

Featured News

Mortgage apps tumble, refis drop to lowest since late March
Mortgage applications tumbled this week as refinancing and purchase applications continued their downward trend. Application volume fell 9.8% from one week earlier for the week ending May 17, according to the Mortgage... Read More
Increase in REIT conversions drive concerns over status: BDO
A surge in companies filing for 'real estate investment trust' status may lead to added scrutiny over which companies should qualify, analysts claim. Nonetheless, REITs continue to be an attractive investment opportunity due... Read More
Hardest-hit states record the most relief from servicers
States hit the hardest by the foreclosure crisis benefited the most from the multi-billion dollar national mortgage servicing settlement, according to first-quarter 2013 data released by Joseph Smith, an independent monitor... Read More