Seattle based Regional Trustee Services Corporation (RTS) announced that it has completed an asset purchase agreement effective immediately. Prior to the agreement RTS was a privately owned company that provided non-judicial foreclosure services to investors, mortgage servicers, and outside law firms ...

This week, Cyprexx Services became the latest company to come under fire from the National Fair Housing Alliance (NFHA). The group announced on Tuesday that they would be filing a complaint with the Department of Housing and Urban Development, accusing ...

The labor market has taken significant steps in the quest to return to pre-recession employment levels. Still, concerns remain among many about the quality of jobs being created. Wages have increased over the past year but at only a 2.3 percent growth rate, they lag behind the growth rate that they should be experiencing at this point in the business cycle. A change may be in the air.

The office of the Special Inspector General for the Troubled Asset Relief Program announced that Jesse Litvak, a registered broker-dealer and former managing director at New York investment bank Jefferies & Co., Inc. was sentenced today to 24 months in federal prison and ordered to pay a $1.75 million dollar fine in connection to his conviction for defrauding consumers trading in residential mortgage backed securities.

In a positive sign for the housing market, RealtyTrac reported Thursday a decrease nationwide in homes that were classified as “seriously underwater”, down to 9.1 million homes in the second quarter of 2014, representing 17.2 percent of all homes nationwide. The number is a decrease from the 17.4 percent of underwater homes recorded in the first quarter

Former Congressman Barney Frank testified before the House of Representatives Committee on Financial Services on Wednesday, arguing that the Dodd-Frank Wall Street Reform and Consumer Protection Act and the voluminous set of regulations that followed shortly thereafter was a positive for the economy and safeguarded the American public from ever having to face an economic down turn the likes of the great recession ever again.

Encouraging economic statistics of late are pushing U.S. Housing toward more pronounced economic growth in 2015, according to the lates version of the “Chalk Line” released by Fitch Ratings on Tuesday.

In accordance with the terms of its settlement with the federal government, JPMorgan has begun the process of providing debt forgiveness and other mortgage relief to struggling homeowners.

SunTrust Banks, Inc. indicated healthy earnings moving in a positive direction Monday, reporting a net income of $387 million for Q2 2014. Earnings year to date are up 18 percent over this point last year.

According to the July 2014 U.S. Economic Housing Outlook released Monday by Freddie Mac; the economic results were mixed in the first half of the year as the housing industry slowed.