News
Articles in "Servicing"
The U.S. recorded 442,117 foreclosure filings in the first quarter of 2013, a steep 23% drop from a year ago and the lowest level reached since 2007, real estate data firm RealtyTrac said in a new...
In a letter to Federal Reserve Chairman Ben Bernanke and Comptroller of the Currency Thomas Curry, Sen. Elizabeth Warren, D-Mass. and Rep. Elijah...
Hope Now, a consortium of mortgage firms and nonprofits focused on foreclosure prevention, revealed an estimated 81,351 homeowners received permanent, affordable loan modifications from servicers during the month of February.
February’s...
More delinquent loans were cured in February, with 500,000 home loans saved in a single month, Lender Processing Services said Wednesday.
A seasonal uptick in the loan cure rate is not unusual for this time of year, but this time more of the cures were centered around...
New York lawmakers and officials are demanding that Fannie Mae and Freddie Mac change their guidelines for handling borrowers affected by Hurricane Sandy when the forbearance period ends on their mortgages.
Governor Andrew Cuomo and...
New York lawmakers and officials are demanding that Fannie Mae and Freddie Mac change their guidelines for handling borrowers affected by Hurricane Sandy when the forbearance period ends on their mortgages.
Governor Andrew Cuomo and...
Approximately 4.2 million borrowers are slated to receive funds from the recent foreclosure review settlement deal cut between federal regulators and 13 mortgage servicers. The checks will arrive from April through July.
The Office of the Comptroller of the Currency and...
Of all non-GSE mortgages eligible for principal reductions through the government's Home Affordable Modification Programs, 70% actually included a principal reduction component during the month of February, the Obama administration said Friday.
The Treasury made this assertion in its...
In the wake of the public robo-signing scandal, Florida lost several large default servicing law firms that felt the perpetual sting of reputational damage.
Fast-forward a few years later, and now the Law Offices of Clunk, Hoose & Associates is entering the Florida...
Safeguard Properties announced the opening of its new operation in Richardson, Texas, which will bring more than 200 jobs to the community.
Headquartered in Valley View, Ohio, Safeguard has three additional locations in Ohio and Kentucky....
Safeguard Properties announced the opening of its new operation in Richardson, Texas, which will bring more than 200 jobs to the community.
Headquartered in Valley View, Ohio, Safeguard has three additional locations in Ohio and Kentucky....
The now defunct independent foreclosure reviews launched by federal regulators to detect mortgage servicing issues became tainted by a lack of clarity, transparency and consistency, the Government Accountability Office says in a new report.
Federal regulators finalized a...
The now defunct independent foreclosure reviews launched by federal regulators to detect mortgage servicing issues became tainted by a lack of clarity, transparency and consistency, the Government Accountability Office says in a new report.
Federal regulators finalized a...
Foreclosures are still a dominant force in New York with filings increasing 53% annually in the tail end of 2012, partly due to market disruptions from Superstorm Sandy.
However, foreclosure filings fell significantly from the same time period in 2011, when various boroughs including the...
Foreclosures are still a dominant force in New York with filings increasing 53% annually in the tail end of 2012, partly due to market disruptions from Superstorm Sandy.
However, foreclosure filings fell significantly from the same time period in 2011, when various boroughs including the...