Servicing

May 22, 2013
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...

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Hardest-hit states record the most relief from servicers

States hit hard by foreclosures benefited the most from the $25 billion national mortgage settlement, according to data released by Joseph Smith, an independent monitor overseeing the distribution of aid.  

Servicers distributed $50.63 billion through National Mortgage Settlement

Servicers that took part in the 2012 National Mortgage Settlement have since distributed $50.63 billion in relief to more than 620,000 homeowners, Joseph Smith, the independent monitor overseeing the Office of Mortgage Settlement Oversight reported Tuesday.

ReWired

Mass media takes MERS by storm and misses the big picture

Most housing publications – especially those focused on mortgage finance – have been covering the Mortgage Electronic Registration Systems issue for well over two years. And many judges across the nation have already weighed in on major MERS issues, but that's not stopping the mass media from turning MERS into another political thriller.

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