Less than a year after beginning implementation of principal reduction and other consumer relief programs under the National Mortgage Settlement , Bank of America completed and approved assistance to about 320,000 customers totaling $29.2 billion in aggregate relief across all settlement programs through March 31.

Wells Fargo & Co. reported today that as of March 31, 2013, the company had fulfilled an estimated 90 percent of its $4.3 billion consumer relief and refinance commitment under the National Mortgage Settlement according to its latest scheduled report to the Office of Mortgage Settlement Oversight.

Fay Servicing, a special servicer that manages distressed and at-risk residential mortgages, has launched a new hiring initiative to attract qualified mortgage professionals with o

Stearns Lending, Inc., a leading national mortgage lender with Retail, Wholesale and Correspondent business channels, announced today the appointment of John Krantz as the Company’

Treliant Risk Advisors continues to expand its mortgage and risk management capacity in support of growing bank, non-bank, and mortgage company needs for integrated, business-oriented solutions.

US Debt Ventures, a private equity firm that has acquired over $750MM in non-performing loans to date, today announced that it has secured a $100 million revolving credit facility from a major financial institution.

ISGN Corporation™ , a leading provider of end-to-end technology solutions and services to the U.S. mortgage industry, today announced the addition of former Xerox executive Nancy Alley as its chief product officer.

Churchill Mortgage, a leader in the mortgage industry providing conventional, FHA, VA and USDA residential mortgages across 26 states, today announced the promotions of 16 employee

ST. LOUIS -- Enterprise Bank & Trust, the banking subsidiary of Enterprise Financial Services Corp , announced today that it has acquired the operating assets of Gorman & Gorman Home Loans, a division ...

Kolkata, May 18 (IANS) The country's largest lender, State Bank of India (SBI), Saturday the Reserve Bank of India (RBI) should become the sole regulator for all home loan institutions - banks as well ...

SUPERVALU INC. today announced it has successfully completed the refinancing of its existing $1.5 billion senior secured term loan agreement. The amendment reduces the interest rate margin from 5.0 percent to 4.0 percent and reduces the LIBOR floor from 1.25 percent to 1.00 percent for LIBOR based loans.

Financial Industry Computer Systems, Inc. , a mortgage loan software provider for residential origination and servicing, as well as commercial loan servicing, recently hoste

Mortech™, a Zillow® business that provides mortgage technology software solutions for mortgage bankers and secondary market teams, announced today that it has rolled out additional features to Connect Plus, a borrower contact and management tool.