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Standard & Poor’s warned that the entrance of new and lesser known special servicing firms can overcrowd the market and complicate the servicing process.
By Sara BovatAugust 21 -
Market participants believe the availability of new mortgage production is an obstacle to QE3 despite Federal Reserve chairman Ben Bernanke's supportive comments in his semi-annual congressional testimony.
By Sara BovatJuly 23 -
CoreLogic and FICO released the FICO Mortgage Score Powered by CoreLogic, a new offering that evaluates the traditional credit data from the national credit data repositories and the supplemental consumer credit data in the CoreLogic CoreScore.
By Sara BovatJuly 13 -
San Bernardino County and the cities of Ontario and Fontana have formed a Joint Powers Authority to consider a plan from private company Mortgage Resolution Partners to use the state's authority to seize current but underwater home loans.
By Sara BovatJuly 13 -
Dodd-Frank and regulations like the Volcker Rule are so complex that even regulators can't figure them out, according to Tim Ryan, president and CEO of the Securities Industry and Financial Markets Association.
By Sara BovatJune 26 -
Roughly 88% of CMBS tranches that Fitch rated AAAsf in January 2008 either remain at that level or have fully paid out.
By Sara BovatJune 11