Servicing

Anworth Mortgage Asset Corp., Santa Monica, Calif., on Wednesday increased the conversion rate of its 6.25% series B cumulative convertible preferred stock to 3.6714 shares of its common stock from 3.6075 shares.

The Federal Housing Administration has suspended its anti-flipping rules for another year to facilitate the financing and sales of newly renovated foreclosed properties.

Watt Cos., a real estate asset management services business, recently created a new acquisition division to take advantage of opportunities in the Western region of the nation.

StreetLinks Lender Solutions has launched a new appraisal valuation tool that can be used by mortgage servicers and asset management firms.

Standard & Poor's late Tuesday said it is reviewing its rating criteria for U.S. residential mortgage-backed securities collateralized primarily by second liens.

With the demise of the infamous "liar loan" and no- or low-documentation mortgage programs, many industry professionals apparently believe that fraud has been eliminated.

Zillow is projecting that home values across the country are expected to have gone down approximately $700 billion in 2011, which would be 35% less than the $1.1 trillion that was lost in 2010.

Cantor Fitzgerald last week filed a form S-3 with the Securities and Exchange Commission to issue CMBS under its CCRE Commercial Mortgage Securities trust.

Four federal regulators on Friday announced they would give commenters an additional month to weigh in on sweeping restrictions to banks' proprietary trading vehicles.

The national composite index for consumer credit defaults increased in November for the third straight month from 2.15% to 2.22%, according to the latest report from S&P/Experian.