LenderLive has named Mary Rzucidlo as SVP of the Component Services unit within its Outsource Services division. Rzucidlo brings with her more than 30 years of industry experience. Prior to joining LenderLive, she was the senior director of home loan operations for Capital One Home Loans in Plano, Texas.

CoreLogic Credco's Instant Merge credit reports are now available on D H Mortgagebot's EnterpriseLOS platform, CoreLogic announced. Instant Merge provides creditors with information such as demographic specifics and detailed creditor contact info.

Global DMS, a provider of Web-based compliant valuation management software, announced that it launched AMCmatch.com, a search engine that allows lenders, servicers and other users of valuation products to efficiently locate and qualify the best fit appraisal management company (AMC) for their needs.

Bank of America exhibited healthy growth during the third quarter despite an expected weakening in its mortgage banking operations, according to the company's Q3 earnings report released Wednesday. BofA's third-quarter net income was $2.5 billion, a significant increase compared to $340 million reported for Q3 2012. Its consumer real estate services division, though, reported a net loss of $1 billion.

Robert Shiller--the man who lends his name to the Case-Shiller Home Price Indices--has been awarded the 2013 Nobel prize in economics. Shiller, a Sterling professor of economics at Yale University, was selected for the $1.23 million prize--along with Eugene Fama and Lars Peter Hansen, both at the University of Chicago--for his work related to the study of human psychology and behavior as it relates to economic modeling.

Servicers completed 67,000 mortgage loan modifications in August, bringing the total for the year to 580,000, according to HOPE NOW. Loan modifications increased 8 percent in August when compared to the month prior, and year-to-date loan mods outpace foreclosure sales by about 142,000. HOPE NOW reports about 23,000 short sales were completed in August.

The Consumer Financial Protection Bureau (CFPB) released a bulletin and interim final rule Tuesday to provide greater clarity to the market concerning mortgage servicing rules that take effect in January 2014. The clarifications address contact with delinquent borrowers, communications with family members after a borrower dies, and treatment of consumers who have filed for bankruptcy.

[ca_audio url_mp3='http://blogtalk.vo.llnwd.net/o23/show/5/568/show_5568443.mp3' css_class='codeart-google-mp3-player' autoplay='false' download='false' html5='false']Debt ceiling rhetoric from both sides has blurred the reality that the US Government continues to spend more money than it takes in. On this broadcast, we explain what the debt consist of, who owns ...

August marks the 18th consecutive month of rising home prices, according to FNC's Residential Price Index released Tuesday, indicating an indisputable recovery. However, FNC, a mortgage industry technology provider, is detecting some deceleration in the recovery and declares, ""It is clear that the recovery remains uneven across the nation.""

Citigroup reported a third quarter net income of $3.2 billion Tuesday, slipping somewhat as higher interest rates took a bite out of mortgage revenues. The bank also suffered from $635 million worth of incremental mortgage charge-offs required by the Office of the Comptroller of the Currency's guidance on the treatment of loans where the borrower has gone through Chapter 7 bankruptcy.