Mortgage Litigation Activity Tumbles
Firms that collected up-front fees for loan modifications pushed modification-related litigation to the forefront of the Third Quarter Mortgage Litigation Report from MortgageDaily.com. But overall mortgage litigation slowed significantly.
Nov. 16

Mortgage Layoffs Outpace Hirings According to MortgageDaily.com Q3 Report
Growth in mortgage servicing jobs was not enough to keep headcount in the mortgage sector from falling, according to the MortgageDaily.com Third Quarter Mortgage Employment Analysis. But the rate of contraction has slowed considerably from the ugly pace set two years ago.
Nov. 9

Bank Failures Drive Record Mortgage-Related Closings
Driven by nearly 100 bank failures so far this year, mortgage-related failures and closings have already exceeded the total for all of last year and are within two failures of a record.
Oct. 5

10,000 Pages of News Published at MortgageDaily.com
After more than a decade of publishing stories by dozens of journalists and writers, MortgageDaily.com has exceeded 10,000 pages of mortgage news.
Oct. 5

NY Leads Nation in Mortgage Fraud
U.S. mortgage fraud cases mostly held steady during the latest quarter, according to the FraudBlogger Index -- a measure of active cases. But activity was up nearly 600% in New York to the highest of any state.
Sept. 16

Banks Face Growing Regulatory Actions
Regulatory orders against financial institutions jumped 49% during the second quarter, according to an analysis of activity by MortgageDaily.com. A surge in civil money penalties, cease-and-desist orders and prohibition orders fueled the increase.
Sept. 8

Appraisal, Modification and Foreclosure Lawsuits Soar
A surge in litigation tied to real estate appraisals, loan modifications and foreclosures contributed to a 54 percent increase in mortgage-related lawsuits, according to the Second Quarter Mortgage Litigation Report from MortgageDaily.com. Investor litigation continued to be the busiest category.
August 24

Mortgage Hirings Leap
Hirings at U.S. mortgage firms outpaced layoffs by more than 8,000 in the MortgageDaily.com Second Quarter Mortgage Employment Analysis. One company had more impact on mortgage employment than any other.
August 10

MortgageDaily.com Teams Up With Big Law Firm
Patton Boggs LLP's recently acquired mortgage banking legal team is continuing its relationship with MortgageDaily.com, a dominant online news publication for the mortgage industry. The team of six lawyers, practicing in both the Washington, D.C., and Dallas offices, will provide insight on emerging trends in the financial sector, pressing issues affecting industry professionals nationwide and analysis of key legislation and government regulations.
August 7