Servicing

CarVal Investors, which made its debut in the securitization market just last month, is back with a second helping of bonds backed by reperforming mortgages

Mortgage professional hiring and new job appointments for the week ending Dec. 11.

Eileen Serra, 61, the chief executive of the Chase Card Services unit, will step down in January and become an adviser to the company on growth initiatives, according to a memo Wednesday from Gordon Smith, JPMorgan's CEO of consumer and community banking.

The consumer lending market, including mortgages, will fully recover from the financial crisis by the end of 2016, according to a forecast by TransUnion.

Fannie Mae has updated its underwriter servicing tool to make it easier for servicers to determine the eligibility of distressed homeowners for a loan modification.

The number of homes in foreclosure and the rate of completed foreclosures both declined in October, CoreLogic said.

Freddie Mac has sold about $1.1 billion of seriously delinquent loans serviced by Wells Fargo.

Onslow Bay is making its debut in the securitization market with $231 million of bonds backed by mortgage loans the real estate investment trust acquired from several lenders, according to Standard & Poor's.

Fannie Mae just took out a potential chunk of private label CMBS supply. The government-sponsored enterprise said it's helping fund Blackstone's purchase of Stuyvesant Town.

HLP, formerly known as Hope LoanPort, has selected CoreLogic executive Faith Schwartz as chair of its board of directors.