Servicing

Players in the REO-to-rental space see a bright future in pooling the cash flows of many operators into conduit transactions, but some believe the market is getting ahead of itself.

The founder of $49 billion investment firm DoubleLine Capital LP is largely avoiding the subprime-mortgage bonds that jumped about 17% last year after home prices surged by the most since 2006.

Short sales were dropping ahead of tax forgiveness provision expiration.

Fannie Mae had brought claims against New York-based Lehman over mortgages the bank packaged and sold. The agreement resolves one of the “single largest remaining claims” against the Lehman parent.

Federally insured credit unions with assets of $50 million-plus and concentrations in real estate loans would have to maintain additional capital requirements under the National Credit Union Administration proposal.

Forecasts generally call for slower home price gains that could reduce volatility but also investment returns when it comes to securitization valuations. Some recently-hot markets like California are topping out.

The Lasting Impact Award honors an individual, group or company responsible for a technology initiative or development proven to have an enduring influence that's transformed mortgage finance. Learn about this year's finalists and see who won the 2013 MT Award.

This is the smallest monthly gain in almost two years and suggests the real estate recovery is losing strength.

The share of sales to third-party buyers at foreclosure auctions doubles in 2013, while cash sales and institutional investor purchases also are up substantially for the year.

Ocwen Loan Servicing's currently stable servicer quality metrics are insufficient when it comes to easing analysts' concerns.