News
Articles in "Servicing"
Servicers managed to modify 850,034 mortgages in the year 2012 as delinquencies and foreclosure activity declined, according to a new report from Hope Now, an alliance of mortgage servicers, investors, insurers and housing non-profits.
That is down from 1.05...
The foreclosure crisis in the Midwest developed earlier and differently than in other areas of the nation.
As a result, the Obama administration’s Housing Scorecard for January highlighted this region, specifically focusing on the foreclosure crisis in Detroit and...
Mortgage technology firm Lender Processing Services ($29.55 0.55%) grew from a net loss to a profit of $2.8 million, or 3 cents a share, for...
A Florida homeowner lost his bid to get a voluntarily dismissed foreclosure case reinstated for the purpose of showing the initial foreclosure proceeding contained fraudulent documentation.
The court's decision is a major one for default attorneys and banks in Florida, especially those...
A Florida homeowner lost his bid to get a voluntarily dismissed foreclosure case reinstated for the purpose of showing the initial foreclosure proceeding contained fraudulent documentation.
The court's decision is a major one for default attorneys and banks in Florida, especially those...
Mortgage servicer Nationstar Mortgage Holdings Inc. ($45.32 0.83%) announced its acquisition of Equifax Settlement Services Holding...
Ratings giant Standard & Poor's shifted the outlook of Nationstar Mortgage Holdings' residential mortgage primary, subprime and special loan servicer ratings to 'developing' from previous outlooks of 'positive' for subprime and 'stable' for the company's...
Law firm Castle Stawiarski was rebranded to The Castle Law Group. Partners Caren and Larry Castle split from partner Leo Stawiarski Jr., who will renew his focus on his affiliated collection firm Stawiarski & Associates.
In...
A former foreclosure attorney known for living a luxury lifestyle while engaged in one of Florida's largest foreclosure robo-signing scandals is now facing possible disciplinary action from the Florida Bar Association, according to documents from the organization.
David J. Stern was known...
Over the next several years, Nationstar Mortgage Holdings ($45.32 0.83%) will continue to generate sustainable long-term returns with...
Ally Financial ($25.40 0%) reported a significant net income increase for the fourth quarter as well as 2012, despite the company’s...
Freddie Mac released its fourth quarter analysis Monday, revealing that 84% of refinancing homeowners either maintained or reduced their principal balance by paying-in additional money at the closing table.
This percentage barely fell short of the record 85% during the...
Freddie Mac released its fourth quarter analysis Monday, revealing that 84% of refinancing homeowners either maintained or reduced their principal balance by paying-in additional money at the closing table.
This percentage barely fell short of the record 85% during the...
Mortgage servicer Nationstar Mortgage Holdings ($45.32 0.83%) unofficially confirmed it has plans to continue growing its mortgage servicing...
A look at stories across HousingWire's weekend desk, with more coverage to come on bigger issues:
A big question was answered for the mortgage servicing industry over the weekend. And, no, it had nothing to do with the Baltimore Ravens winning the Super...