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<title>Mortgage Servicing News Headlines</title>
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<copyright>Copyright 2009, SourceMedia, Inc. and Mortgage Servicing News.  All rights reserved.</copyright>
<pubDate>Fri,  3 Jul 2009 18:47:01 EDT</pubDate>
<webMaster>andras.malatinszky@sourcemedia.com</webMaster>

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<title>Cal Pension Group Seeking Servicer for Mortgage Program</title>
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<description>The California State Teachers&#x27; Retirement System is searching for a master servicer for its home loan program. </description>
<pubDate>2009-07-02 12:00:08</pubDate>
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<title>Fannie Mae/Freddie Mac Get OK on 125% LTV</title>
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<description>Fannie Mae and Freddie Mac have received the green light from their regulator to refinance underwater homeowners with loan-to value ratios as high as 125%. </description>
<pubDate>2009-07-02 12:00:00</pubDate>
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<title>Relatively Few First Quarter 2008 Mods Found Current</title>
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<description>Less than three in 10 mortgages that were modified by servicers in the first quarter of 2008 are still current, according to a new &#x22;mortgage metrics&#x22; report released by the Comptroller of the Currency.</description>
<pubDate>2009-07-01 12:00:04</pubDate>
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<title>Trial Period May Be Reducing Number of Modifications</title>
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<description>The number of completed loan modifications has fallen in April and May as servicers put more loans through a 90-day trial period as required by the Obama administration&#x27;s Home Affordable Modification program. </description>
<pubDate>2009-07-01 12:00:03</pubDate>
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<title>Freddie Mac Seen Awaiting Approval of New Chief Executive </title>
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<description>Freddie Mac&#x27;s board of directors has selected Charles E. Haldeman Jr., a top executive at Putnam Investments, to be its next chief executive, according to a source familiar with the matter. </description>
<pubDate>2009-07-01 12:00:00</pubDate>
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<title>Genworth Prices IPO for Canadian MI Unit</title>
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<description>Genworth Financial Inc., Richmond, Va., has priced the initial public offering of its Canadian mortgage insurance subsidiary, revealing that it hopes to raise up to $730 million (U.S.)</description>
<pubDate>2009-06-30 12:00:07</pubDate>
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<title>Celink Adding 1,500 to 2,000 Loans a Month</title>
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<description>Reverse mortgage subservicer Celink of Lansing is adding between 1,500 to 2,000 new loans per month to its platform, according to company CEO John LaRose.</description>
<pubDate>2009-06-30 12:00:06</pubDate>
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<title>Credit Unions Facing More Fallout on Mortgages</title>
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<description>The deterioration of the mortgage market and rising foreclosures and delinquencies is expected to cause increasing losses on billions of dollars of mortgage-backed securities being held by corporate credit unions, according to the National Credit Union Administration.</description>
<pubDate>2009-06-30 12:00:05</pubDate>
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<title>Case-Shiller: Home Prices May be Stabilizing</title>
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<description>House prices fell by only 0.6% from March to April, according to the Standard &#x26; Poor&#x27;s/Case-Shiller 20-city house price index, signaling that home values may be stabilizing.</description>
<pubDate>2009-06-30 12:00:03</pubDate>
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<title>GAO Urges Closer Monitoring of Reverse Originations</title>
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<description>The General Accountability Office is urging the Department of Housing and Urban Development to increase its monitoring of housing counselors who provide information about FHA reverse mortgages to senior citizens.</description>
<pubDate>2009-06-30 12:00:02</pubDate>
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