Servicing

Since Wells Fargo Housing Foundation partnered with Habitat for Humanity the megabank has invested more than $278 million in support of affordable housing and community revitalization programs.

Volatile interest rates have been pressuring down mortgage REIT portfolio values leading to historically low quarter earnings not likely to improve until 2014.

Global DMS said its valuation management software has been integrated with DataQuick’s collateral validation analytics solution.

Even though MGIC Investment Corp. and Radian reported strong June numbers, they were the biggest losers on a percentage basis of the Mortgage Industry Equity Composite stocks on Tuesday.

Wells Fargo plans to issue a $1.4 billion conduit transaction called Wells Fargo Commercial Mortgage Trust 2013-LC12.

As a member of RealtyTrac Network, Laffey Fine Homes will have access to RealtyTrac’s data sets.

Lender Processing Services hired Vicki Vidal to strengthen its servicing solutions team.

Fannie Mae and Freddie Mac worked with more than 130,000 borrowers during the first quarter to help troubled borrowers who were at risk of foreclosure not lose their property.

Nevada’s housing markets are recovering at a faster pace than the rest of the country, but still have a long way to go.

Delinquency rates on home equity lines of credit rose last year and appear to be stabilizing.