Servicing

LoanLogics has developed an automated module to detect the cause of reconciliation errors between MERS data and servicing system data that can improve origination.

A portion of the portfolio consists of about $1.96 billion of nonperforming assets.

A former loan originator who now works in loss mitigation is approaching the Mortgage Grapevine to help a client.

We're hearing at the height of the mortgage crisis Navy Federal Credit Union found the delinquency rate on one of its special mortgage products remained below the industry’s overall delinquency rate on prime credit quality loans.

The Federal Trade Commission has made a request for additional information and documentary material from Fidelity National Financial and Lender Processing Services regarding their merger-and-acquisition transaction.

With this acquisition, Accenture hopes to become the largest end-to-end provider of mortgage services in the U.S.

Citigroup in its second-quarter earnings release showed some concern about downward pressure on mortgage revenue, but overall its net income was up at $4.2 billion, compared to $2.9 billion in last year’s second quarter.

Commercial mortgage loans provided life insurers with a 1.99% total return on investment in 1Q13, up 14 basis points from 4Q12’s 1.85%.

Taylor Capital Group said its mortgage banking revenue increased 20% to $38.5 million in 2Q13 from $32 million in 1Q13.

In order to succeed in real estate owned sales, an individual has to constantly be able to change to adapt to market conditions.