Servicing

New regulation meant to ensure banks have enough easy-to-sell assets to survive a crisis is creating doubt over whether $1.1 trillion of mortgage debt qualifies, potentially hurting demand in a key cog of the U.S. home-finance system.

Cleveland's Third Federal Savings and Loan has started offering first-lien mortgage refinance and home equity line of credit loans in four new states, plus the District of Columbia.

Delinquency rates for commercial and multifamily mortgages improved during second quarter, according to a report Thursday from the Mortgage Bankers Association.

The Sept. 30 sale features eight pools and 15,000 defaulted loans.

The time has come for residential private-label mortgage-backed securities in Canada, but the market will look nothing like the United States'.

National Mortgage News and Mortgage Technology are pleased to announce the finalists for the 15th Annual Mortgage Technology Awards.

The overseer of the Federal Home Loan Banks is planning changes to membership rules that would keep investment firms and lenders lacking customer deposits out of the U.S. government-chartered system.

For the average consumer, bundling purchases is a proven approach to improving value while reducing cost.

Moody's Investors Service downgraded two servicer ratings for Ocwen Loan Servicing, reflecting additional scrutiny by regulators and concerns about the nonbank mortgage servicer's ability to ensure timely payments to bondholders.

Bank of America has taken a significant reputational hit as a result of its 2008 acquisition of Countrywide Financial. Could it have mitigated some of the damage with a different branding strategy?