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The number of securitized U.S. commercial mortgage loans transferred into special servicing has dropped substantially at roughly 45% over the last year.
By Amilda DymiJuly 1 -
Banco Popular de Puerto Rico completed the sale of a $438 million portfolio of nonperforming residential mortgage loans at a loss.
By Amilda DymiJuly 1 -
A new plan introduced by a diverse group of housing experts defines several goals deemed essential to the future housing finance system, and terminating some government-sponsored entities is one of them.
By Amilda DymiJune 28 -
As much as it is a challenge, today subservicing is an opportunity many small-size servicers are rushing to embrace in a marketplace where the role of specialty servicer is being redefined.
By Amilda DymiJune 28 -
Higher regulatory risks that are forcing many U.S. banks to sell their subprime mortgage servicing rights are throwing these assets into the lap of specialty servicing nonbanks.
By Amilda DymiJune 28 -
The chief executive officer of Spurs Capital is quite passionate about the Home Affordable Modification Program.
By Amilda DymiJune 27 -
Consumers in most major U.S. metropolitan areas continued to reduce their total debt in the first quarter of 2013.
By Amilda DymiJune 27 -
New York will use up to $20 million in mortgage settlement funds to rebuild and restore neighborhoods that are still struggling with blight and large inventories of vacant properties.
By Amilda DymiJune 27 -
Millions of homeowners are still delinquent on their mortgages or owe more than their homes are worth.
By Amilda DymiJune 26 -
Educational efforts that focus on helping home seekers understand all of their housing options are not limited to the National Homeownership Month in June.
By Amilda DymiJune 26 -
New findings reiterate the need for expanded access to financial coaching services that result in greater overall economic stability for low- to moderate-income families and the country at large.
By Amilda DymiJune 26 -
After including new issuance the so-called serious delinquency rate is at 8.2%.
By Amilda DymiJune 25 -
Morrison & Foerster expanded its real estate finance practice by adding Stephen Cox of Hypothekenbank Frankfurt AG.
By Amilda DymiJune 25 -
Demand for valuation analytics lead LoanLogics and Platinum Data Solutions into a partnership that links loan performance reporting to collateral valuation technology.
By Amilda DymiJune 25 -
The top regret for homeowners was that they wished they bought a bigger home.
By Amilda DymiJune 21 -
U.S. commercial real estate remains very attractive to both domestic and international investors despite a drawn-out recovery.
By Amilda DymiJune 20 -
The Department of Housing and Urban Development and The Rockefeller Foundation have launched a multistage regional design competition that aims to promote housing construction innovation in Hurricane Sandy-affected areas.
By Amilda DymiJune 20 -
Sabal Financial Group is expanding into third-party servicing, special servicing and construction loan administration nationwide.
By Amilda DymiJune 19 -
News that Wells Fargo and Bank of America failed to comply with the mortgage loan modification timeline processing requirements of the mortgage servicing standards mandated by the national mortgage settlement are bittersweet for New York Attorney General Eric Schneiderman.
By Amilda DymiJune 19 -
ServiceLink has made available a multipurpose tool designed to ensure the mortgage loan data lenders and servicers report and record electronically is accurately transferred and in compliance with regulators.
By Amilda DymiJune 18