loan servicers

Procedural problems at some large lenders are so prevalent that additional lenders and loan servicers are likely to halt foreclosure proceedings, experts say.

Pressure is mounting on loan servicers and investors to reduce troubled homeowners' loan balances...but the two largest owners of mortgages aren't getting the message.

Loan servicers will "significantly" increase the pace of mortgage modifications under the Obama foreclosure prevention program, the Treasury Department said Tuesday.

Executives of the top mortgage servicing companies met with Treasury and HUD officials today to discuss expanding the "Making Homes Affordable" program.

So far, the plan has done little to stop foreclosures. Tamara Keith reports.

Loan servicers are overwhelmed by the flood of applications. Mortgage investors are angry about a congressional bill prohibiting them from suing servicers that modify loans.

Foreclosures are rising as unemployment soars.