Servicing

The agency rejected bids on two pools with low broker price opinions.

The agreement covers loans sold over a nine-year period running through the end of 2008.

A Banking Committee report clarifies the Federal Housing Administration’s power to transfer servicing rights.

Ocwen has a reputation for writing down principal of nonperforming mortgages faster than many bank servicers or its nonbank servicing peers.

Anthony Orso, CEO of Cantor Commercial Real Estate, has a forecast for commercial mortgage-backed securities issuance that far outstrips that of others in the market.

The deal brings in slightly more than the expected recovery from the bankruptcy estate.

The pace of loan modification activity slowed during each of the first three quarters of 2013.

The average weekly rate for a 30-year mortgage is currently two basis points shy of 4.5% and the average rate for a 15-year loan is two basis points above 3.5%.

Double-digit price appreciation in major MSAs makes secondary markets the next target.

Time to Accumulate MSRs? Better find a way to connect with your consumer first.