Retail & Commercial

El Paso, Texas recently changed collection agencies pursuing unpaid traffic tickets, which has reportedly resulted in several thousand additional mailing contacts - and more complaints from irate consumers.

Two Michigan residents have filed a class-action lawsuit alleging that debt servicer Money Recovery Nationwide is unlawfully collecting additional fees.

Ninety-two percent of homebuyers are reviewing their mortgage documents before closing on the loan since the Truth-in-Lending Act/Real Estate Settlement Procedures Act integrated disclosures, or TRID, went into effect in October, versus 74% previously, a survey by the American Land Title Association found.

Home sales growth has been tepid nationwide thanks largely to a cooling down of the housing market in the West, according to an analysis from Summit Valuations.

Green Dot Corp.'s longest-serving directors, Timothy Greenleaf and Michael Moritz, resigned from the board hours before they were to stand for re-election as the firm's largest shareholder wages a proxy fight.

The nascent industry's early success will mean very little if these new companies don't take necessary steps to position themselves for the long term.

The secondary marketing agency wants to model how servicers' available cash might stand up to shocks because interruptions to that liquidity have been a common problem among those that failed.

I bear no hard feelings for the JPMorgan Chase CEO, but our disagreement underscores a rift between how Wall Street firms and community banks view the post-crisis landscape.

Listings for new homes fell 1.1% in April, the first year-over-year drop since August 2014, according to the real estate brokerage Redfin.

HomeStreet in Seattle has raised $65 million from issuing senior debt. The $4.8 billion-asset company said in a press release Friday that the proceeds from the offering with support growth and other general corporate purposes.