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<title>Mortgage Servicing News Headlines</title>
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<copyright>Copyright 2010, SourceMedia, Inc. and Mortgage Servicing News.  All rights reserved.</copyright>
<pubDate>Thu, 11 Mar 2010 15:47:03 EST</pubDate>
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<title>ResCap Working on Changes to GMACM Servicing Practice</title>
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<description>ResCap has been working to change a practice involving the netting of cash flows of multiple residential mortgage-backed securities deals serviced by its GMAC Mortgage LLC subsidiary. </description>
<pubDate>2010-03-10 12:00:07</pubDate>
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<title>Centerline Servicing&#x27;s Ratings Improved by Acquisition</title>
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<description>The sale of commercial mortgage-backed securities servicer Centerline Servicing Inc. to an Island Capital affiliate has reversed the ratings damage caused by its corporate parent&#x27;s financial woes, according to analysts. </description>
<pubDate>2010-03-10 12:00:06</pubDate>
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<title>ICP to Transfer Businesses to PrinceRidge</title>
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<description>ICP Capital has agreed to transfer its domestic and international capital markets businesses to PrinceRidge Holdings LP to create an international investment-banking boutique serving investors and issuers in the institutional fixed income markets. </description>
<pubDate>2010-03-10 12:00:05</pubDate>
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<title>Americans&#x27; Default Risk Seen as Still High But Improving</title>
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<description>Although 20% of U.S. mortgages are currently under water, Americans&#x27; risk of defaulting on their home loans is at its lowest point since 2005, according to an executive and academic expert at a risk-management firm. </description>
<pubDate>2010-03-10 12:00:03</pubDate>
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<title>Appraisers Warn About BPOs and Property &#x27;Flopping&#x27;</title>
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<description>Appraisers are raising alarms that the Treasury Department&#x27;s decision to use broker price opinions (BPOs) for its new short sales program will exacerbate mortgage fraud and property &#x22;flopping.&#x22;</description>
<pubDate>2010-03-10 12:00:01</pubDate>
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<title>RealtyTrac: 1 Million Lost Homes Since Yearend &#x27;08 </title>
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<description>More than 1 million U.S. consumers have lost their homes to foreclosure since the end of 2008, according to new figures compiled by RealtyTrac, Irvine, Calif.</description>
<pubDate>2010-03-09 12:00:11</pubDate>
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<title>Phoenix Capital Working on Large Servicing Deal</title>
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<description>Phoenix Capital, Denver, is working on bringing an $800 million package of servicing rights to the auction market, according to one advisor familiar with the transaction.</description>
<pubDate>2010-03-09 12:00:05</pubDate>
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<title>Former GNMA Chief: Cut the Agency Loose From HUD</title>
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<description>The Government National Mortgage Association should be given its independence from the Department of Housing and Urban Development, its former president said.</description>
<pubDate>2010-03-09 12:00:03</pubDate>
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<title>Commercial Banks Will be Big Buyers of MBS This Year</title>
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<description>Commercial banks will be big buyers of agency MBS this year and help keep mortgage rates in check after the Federal Reserve withdraws from the market, according to the head of securitization strategy at Barclays Capital.</description>
<pubDate>2010-03-09 12:00:01</pubDate>
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<title>Two Top Level Departures at MetLife Home Loans</title>
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<description>Two top officers in charge of the fast growing MetLife Home Loans, Memphis, have departed the bank-owned residential lender/servicer, &#x3C;i&#x3E;National Mortgage News&#x3C;/i&#x3E; has learned.</description>
<pubDate>2010-03-09 12:00:00</pubDate>
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