The mortgage servicing giant says it will ‘vigorously defend’ against what it calls ‘unfair and unjust’ enforcement actions
A recent study found that the mortgage process consumes paper equivalent to 264,000 trees each year
Foreclosure filings hit their lowest level in more than eight years last month, according to data released Tuesday
An appeals court has rejected a lender’s motion to dismiss a lawsuit accusing it of shady dealings in mortgage originations
MBS markets opened slightly weaker today, and the National Federation of Independent Business's Optimism Index hit its highest level since 2007. All this and more in today's rate snapshot
The industry recorded nearly 9,000 job cuts in the first quarter. That's far below Q4's 22,000, but still more than 207% higher than a year ago.
Bank of America is reportedly negotiating a deal with the federal government and several states that could result in a $12 billion settlement over the institution’s mortgage banking practices
The difference between success and failure can come down to effective management