Servicing

Eight years after the bottom fell out of the housing market, investment giants including BlackRock are facing off against small hedge funds over the detritus of the subprime era.

In the wake of recent court rulings upholding homeowners associations' "super lien" status in foreclosures, mortgage vendors have flooded the market with products to help servicers and investors manage this long-standing threat.

Colony American Homes is working on its third-ever single-family rental securitization, according to Kroll Bond Ratings Agency.

Mortgage professional hiring and new job appointments for the week ending May 22.

Foreclosure starts fell 22% from the previous month, according to a Black Knight Financial month-end mortgage performance statistics report.

Mortgage bankers facing new demands on their businesses are becoming increasingly interested in new sources of liquidity, particularly through mortgage servicing rights financing vehicles.

There were foreclosure filings on a reported 125,875 properties in April — 3% more from the previous month and 9% more from a year ago.

Nonbank servicers selling and buying Fannie and Freddie MSRs must meet new capital and liquidity requirement to transfer servicing.

Foreclosure starts increased slightly while non-foreclosure resolutions for homeowners remained level from the same time last year, according to industry advocacy group Hope Now.

The Commercial Real Estate Financing portal allows investors to apply for financing through Auction.com with the company's preferred lenders.