Amilda Dymi

At least $238 million of the more than $575 million that was raised for Sandy relief had not been spent as of April of this year.

Fay Servicing has developed an employee training program that focuses on borrower management skills and teaches new hires how to foster close relationships with mortgage borrowers.

While mortgage bankers joined customers in support of the Senate’s reconfirmation of Richard Cordray as director of the Consumer Financial Protection Bureau, challenges remain.

Nationstar Mortgage and Nationstar Capital Corp. are planning to sell $250 million in senior notes to generate capital, part of which will be used for future acquisitions and transfers of servicing portfolios.

Rentsys Recovery Services, a provider of disaster recovery solutions for community banks, credit unions and other enterprises, acquired EverGreen Data Continuity.

The American Action Forum poll of public attitudes on government-sponsored enterprises indicates over half would rather see Fannie Mae and Freddie Mac disappear.

Positive forecasts on 10-year-guaranteed agency commercial mortgage-backed securities do not change analysts’ expectations to see sluggish CRE loan growth.

The Consumer Financial Protection Bureau said its consumer complaint system is now taking debt collection complaints related to any consumer debt.

Centerline Capital Group has completed a $4.7 million cash-out refinancing transaction on two multifamily properties in Chicago.

Compared to the first recovery years, full-service hotel prices are increasing at roughly the same pace as apartment prices.

W.J. Bradley Mortgage Capital executives find deciding whether holding or selling mortgage servicing rights is worthwhile for the company in the long run both tough and rewarding.

Since Wells Fargo Housing Foundation partnered with Habitat for Humanity the megabank has invested more than $278 million in support of affordable housing and community revitalization programs.

Volatile interest rates have been pressuring down mortgage REIT portfolio values leading to historically low quarter earnings not likely to improve until 2014.

Nevada’s housing markets are recovering at a faster pace than the rest of the country, but still have a long way to go.

Servicing and other remaining risks will limit how much the performance of securitized residential mortgage loans originated during 2005-2008 will benefit from rising home prices.

DataQuick has begun offering through its website data, analytics and research for lenders, originators and investors based on its national property database and other industry resources.

Sabal Financial Group CEO Pat Jackson sees niche business growth opportunity within the third-party servicing space.

Home Loan Servicing Solutions and HLSS Management have entered into a senior secured term loan facility agreement with JPMorgan Chase Bank.

Ballard Spahr’s long-term expansion goals have now led to the creation of Ballard Spahr Stillman & Friedman in New York.

A combination of improving payment behavior and decreasing delinquencies have brought some stability to the mortgage market, according to Equifax.