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Fannie Mae said it has expanded its HomePath for Short Sales tool in an effort to resolve short sale challenges once a case is escalated. It also creates a short cut for real estate agents.
February 12 -
It took a phone call from reemployment solutions provider NextJob, to Fifth Third Bancorp to start rolling a unique partnership that oly a few years ago would have been unimaginable.
February 11 -
For the third consecutive year Fifth Third Mortgage Co. has exceeded the national average of converting Home Affordable Modification Program workout plans into permanent modifications.
February 11 -
New American Funding is taking an unusual approach to customer outreach that may just be a sign of the times.
February 8 -
Home Loan Servicing Solutions reported net income of $14.3 million for the fourth quarter of 2012 and no change in servicing asset valuations.
February 8 -
As servicers better adapt to new federal regulation, the foreclosure versus mortgage loan workout momentum is finally changing, opening the way for the nonconforming market to return.
February 7 -
Mortgage servicers may not be in the habit of courting real estate brokers when working on a short sale, but it may be worth their time to do so.
February 7 -
CBRE HMF Inc. is the first lender in the nation to finance two projects through the new Department of Housing and Urban Development's Low Income Housing Tax Credit pilot program.
February 7 -
Fitch Ratings has updated its overall criteria for assessing and analyzing the operational risk of servicers of structured finance products including mortgage-backed securities transactions.
February 6 -
Given the slow economic recovery consistent rent increases are not enough to motivate renters or former homeowners to look into homeownership opportunities.
February 6 -
The Department of Housing and Urban Development has allocated $5.4 billion in recovery funds for areas affected by Hurricane Sandy.
February 6 -
The overall volume of resolved securitized commercial mortgage loans dropped slightly in January, resulting in higher loss severity rates and loan losses at greater than 2%.
February 5 -
If and when they are done right, downpayment assistance programs work, according to Wells Fargo.
February 5 -
Freddie Mac has further expanded the number of its Borrower Help Centers by opening three new branches in Atlanta, Las Vegas and Los Angeles.
February 5 -
Nationstar Mortgage Holdings closed the purchase of mortgage servicing rights of roughly $97 billion in unpaid principal balance loans and certain other assets from Bank of America.
February 4 -
The composite score for the U.S. commercial property market remained stable in 2012 and suggests the market will continue to remain stable.
February 4 -
Residential Capital completed the sale of the originations and capital markets platform to Walter Investment Management Corp.
February 1 -
Fitch Ratings affirms the commercial mortgage-backed security servicer ratings of Bank of America and BNY Mellon based on their experience, technology and management expertise.
February 1 -
Gilman Law LLP is building up a class-action federal lawsuit that targets homeowner’s hazard, flood or wind insurance placed by CitiMortgage, Citigroup, American Security and Assurant.
February 1 -
Following a relatively stable fourth quarter of 2012 the U.S. CMBS delinquency rate fell 14 basis points to 9.57%.
January 31
