Servicing

The Obama administration should speed up the sale of Fannie Mae and Freddie Mac's mortgage portfolios to reduce taxpayer risk and capture "unrealized gains" in the assets, according to Rep. Scott Garrett, R-N.J.

Who will take on the catastrophic risk associated with making mortgages, a risk that has flared twice since 1989 and has caused the taxpayers hundreds of billions of dollars in losses?

Fannie Mae provided $17 billion in mortgages for multifamily properties in 2010, down from $20 billion in 2009.

Altos Research has launched an automated valuation model that uses current real estate listings to forecast future housing valuation trends.

Primary-to-secondary mortgage market spread compression that has kept rates relatively low despite upward pressure from bond yields may be nearing its limit, according to one investment strategist.

People's United Bank, Bridgeport, Conn., late last week confirmed that warehouse lending veteran Paul Best has joined the publicly traded thrift as a senior vice president in its commercial division.

A California appeals court has dealt mortgage servicers another setback by letting a borrower pursue a fraud claim because she was promised a loan modification, but got pushed into foreclosure.

They've been called "braindead," "negligent," and "otiose." But some trustees of mortgage-backed securities are proving useful to investors after all in repurchase fights.

Mortgage-backed securities prepayment speeds in January held some surprises, including what some saw as an unexpected slowdown in relatively lower coupons.

Republican leaders on the House Financial Services Committee are keeping an eye on federal regulators as they consider attaching national servicing standards to a risk retention rule.