New York City says lenders and servicers are allowing abandoned homes to become havens for squatters, drugs and sex
Multiple sources say the scandal-plagued bank has been putting out feelers to replace Tim Sloan in the top spot
The days of thin mortgage apps and lax verification are in the past -- but has the pendulum swung too far in the other direction?
Wells Fargo joins other big banks in backing away from the servicing market
The system is aimed at businesses with 10 employees or fewer
The lender saw dramatic declines in mortgage business even as its profits rose
Short sales and foreclosure sales accounted for about 16% of all U.S. residential sales in 2013
A feud between two New York politicos over mortgage settlement funds is over, at least for the moment