A subsidiary of New York Community Bancorp, Flagstar Bank, is selling its residential mortgage servicing business to Mr. Cooper Group Inc. for about $1.4 billion. The sale includes mortgage servicing ...

New York Community Bancorp may be able to raise capital to strengthen its balance sheet and cover potential loan losses by selling mortgage-servicing rights, analysts at KBW said on Tuesday. New York ...

Counsel at Polsinelli on Friday removed a foreclosure lawsuit against Community Loan Servicing to Texas Southern District Court. The suit was filed by Vilt Law on behalf of Houston Prime Investments.

“I've been experimenting with breeding racing deer. People have accused me of just trying to make a fast buck.” There are no fast bucks to be made in residential lending, and the correct compensation ...

The Hartford Community Loan Fund (HCLF) named Michael B. Haynes as its new CEO, taking over for outgoing longtime leader Rex Fowler who announced he’d be leaving the role earlier this year. Haynes, ...

Three Bayview Asset Management-owned mortgage servicers are seeking to halt a plaintiff’s filing in a data breach lawsuit, citing an overabundance of confidential information shared about the incident ...

A subsidiary of New York Community Bancorp, Flagstar Bank, is selling its residential mortgage servicing business to Mr. Cooper Group Inc. for about $1.4 billion. The sale includes mortgage servicing ...

''While the mortgage servicing business has made significant contributions to (Flagstar), we also recognize the inherent financial and operational risk in a volatile interest rate environment, along ...