Servicing

A MacroMonitor analysis of banking activity during the past few years indicates the steady growth of mobile financial services is rearranging the transaction choices made by most households.

First quarter new mortgage originations increased 16% year-over-year following a trend expected to continue alongside falling loan delinquencies and price improvements.

Berkshire Hathaway Inc.-insured bonds tied to housing were cut one level to AA from AA+ by Standard & Poor’s after the ratings firm lowered its grade on the parent company last month.

During May, there were 148,054 U.S. properties with a foreclosure filing, up 2% from the prior month, but still down 28% compared to May 2012.

The Amherst Securities Group expects to see a significant drop in loan modifications over the next 12 months due in part to rising house prices and lower re-defaults on modifications.

Only two of the 17 Mortgage Industry Equity Composite members closed higher on Wednesday, another down day for the markets as a whole.

Accelerate banking caters to Generation X focusing on a mindset aligned with the demands of new entrepreneurs looking for untraditional, stronger banking relationships and faster decision-making opportunities.

A study found that real estate agents and rental housing providers recommend and show fewer available homes to minority families than equally qualified whites.

Mortgage lender loanDepot.com LLC has opened its co-headquarters office in the Dallas suburb of Plano.

Ohio nonbank, hard money lender and real estate investing company JEM Real Estate Partners has chosen Applied Business Software’s servicing technology to manage its growing commercial rehab loan portfolio.