Servicing

Funds associated with David Tepper sued to block CWCapital Asset Management LLC from recovering more than $500 million in interest from the mortgage on Manhattan's largest apartment complex.

October featured the highest monthly percent increase in foreclosure starts since August 2011, according to RealtyTrac's U.S. Home Sales Report released Thursday.

Cherry Hill Mortgage Investment Corp. posted a third-quarter loss due mainly to a hit on unrealized derivatives income.

Invitation Homes chose to exercise an option to extend the term of a loan backing the first single-family rental securitization.

The housing recovery is still pushing through full-steam, according to CoreLogic's latest National Foreclosure Report.

Freddie Mac has launched an auction of $1.2 billion of nonperforming loans, while Fannie Mae has announced the two winners of its recent auction of $1.24 billion of nonperforming loans.

Redwood Trust's fourth residential mortgage securitization of the year is backed entirely by 15-year, fixed-rate loans.

Profits on home sales reached their highest point in eight years in the third quarter despite a slowing-down of appreciation rates, according to RealtyTrac's U.S. Home Sales Report.

While the overwhelming majority of Nationstar Mortgage Holdings' $4.9 billion in home loan originations in the third quarter were conventional loans, that will be changing soon if the company's chief executive officer has his way.

Fannie Mae was affected by the same derivatives accounting mismatch that led to Freddie Mac's first quarterly loss in four years. But its bulk and balance sheet provided enough cushion for the larger of the two government-sponsored enterprises to post a profit for the third quarter.