Servicing

Mari Mahoney has joined Opes Advisors as a mortgage advisor in the firm's Pleasanton, California, location.

Mortgage-related litigation remained historically high in the first quarter, according to data from Mortgage Daily. The site's First Quarter 2013 Mortgage Litigation Index shows there were 227 mortgage-related cases tracked that saw activity in Q1--little changed from Q4 2012's 223 but up from 216 the year prior. Cases related to mortgage-backed securities, regulation, commercial mortgages, and investor problems all saw increased activity.

The FDIC announced Friday the closure of two more banks--including Connecticut's first collapse in more than a decade--bringing this year's failure tally to 22 so far.

In Virginia, Genworth announced the election of Melina E. Higgins to serve as a new independent director on the company's board.

With months to go before the implementation of the Consumer Financial Protection Bureau's (CFPB) qualified mortgage (QM) rules, the agency released several finalized amendments and clarifications created to ease the process.

The debate over TARP is only one of several five-year anniversaries we mark this month, all related to the mortgage meltdown.

Tennessee's Acopia Home Loans announced the publishing of its lending library through AllRegs.

First-time claims for unemployment insurance for the week ending September 7 plunged 31,000 to 292,000, the lowest level since March 2006, the Labor Department reported Thursday. Economists expected the number of claims to edge up to 330,000 from the 323,000 originally reported for the week ending August 31. The number of filings for that week was unchanged.

LenderLive Appoints VP for GuardianDocs Division In Colorado, LenderLive Network, Inc., appointed Bob Crittenden as VP of sales for its GuardianDocs division.

Genworth U.S. Mortgage Insurance (USMI) and the Mortgage Bankers Association (MBA) announced Tuesday that a redesigned training curriculum for CampusMBA's CRU Specialist Designation will soon be available.