Foreclosure Resource Center

A small bank in Oklahoma is being acquired by a mid-sized mortgage banker in the same state. After the deal is done, the lender will become a subsidiary of the financial institution. An announcement Wednesday from the Stitt Family Trusts, the...

A re-evaluation of of CashCall Inc.'s value has left Impac Mortgage Holdings Inc. with a huge loss as the company takes the consumer-direct channel in a new direction. Back when it acquired CashCall in 2015, Impac was banking on significant tax...

A drop in new mortgage applications was most pronounced with refinances. A week-over-week and year-over-year thinning was recorded for adjustable-rate share. On a seasonally adjusted basis, the Market Composite Index for the seven-day period that...

Mortgage loan originators in all states can now apply for a license in one or more states and only be responsible for passing a single national test. Previously, an applicant for a mortgage license would need to take multiple tests. This included a...

Residential loan production volume has fallen to a small fraction of its year-earlier level at PHH Corp. Delinquency worsened, though the company cut its losses. Before income taxes, losses from continuing operations at the Mount Laurel, New...

A report from the Department of the Treasury highlights technological advances made in financial services and offered recommendations for non-bank firms. Since the financial crisis erupted, there has been a proliferation in technological...