Servicing

Commercial and multifamily mortgage delinquency rates dropped in the fourth quarter, according to the Mortgage Bankers Association.

Stewart Information Services Corp. has terminated Jason Nadeau, group president of the company's mortgage and title services, according to an 8-K filing dated March 1.

Oversight of the four largest mortgage servicers' compliance with the national mortgage settlement is officially over, the watchdog overseeing the process said Thursday.

The agency that insures government loan securitizations could use some more subservicers because it is concerned that so much of its issuance gets outsourced to a small number of players.

The delinquency rate on commercial mortgage-backed securities continued to fall significantly for the month of February, according to Trepp.

Freddie Mac has released a new Web tool aimed at servicers.

The mortgage servicer said it has received a letter from the Securities and Exchange Commission regarding its fees for handling distressed loans and properties.

Freddie Mac has expanded the amount of ongoing loan-level data it discloses about mortgages it insures in an effort to boost appetite for reinsurance.

Ocwen Financial Corp. and Walter Investment Management Corp. both recorded full-year losses in 2015, though that is where comparisons between the two companies cease.

Dimont, based in Dallas, has partnered with Phoenix ABS to access the New York firm's technology platform.