Servicing

Risks and headwinds abound, but if smaller investors opt to pool their properties into multi-borrower securitizations, this market could materially grow. Lingering economic factors suggest large players will remain involved.

CWCapital Asset Management took title to Stuyvesant Town-Peter Cooper Village, Manhattan's largest apartment complex, and canceled an auction for control of the property.

WinWater Home Mortgage is planning its first sale of bonds without government backing.

Small lenders have slashed their payrolls by 9,000 workers this year.

Prosecutors have probable cause to present a grand jury with the felony case against the Federal Housing Finance Agency official accused of threatening to kill former director Edward DeMarco, a judge ruled.

Home price appreciation during the first quarter of 2014 resulted in 312,000 borrowers regaining equity in their properties.

Ocwen Financial Corp. will no longer require distressed borrowers involved in litigation with the mortgage servicer to sign nondisparagement agreements as a condition for receiving a loan modification, New York's banking regulator said Wednesday.

Bank executives see opportunity in selling MSRs and servicing the loans for the buyers.

Debt on Willis Tower, formerly the tallest U.S. building, was put in special servicing after the borrower requested a loan modification, Fitch Ratings said.

A reduction in mortgage rates has boosted Home Affordable Refinance Program refinancings, according to nonbank servicer Walter Investment Management Corp.