Servicing

Interactive Mortgage Advisors is offering up for bid a $1.02 billion bulk Fannie Mae and Freddie Mac mortgage servicing rights package.

Lima One Capital is optimistic that the housing market will continue to rebound this year.

When the California Senate Appropriations Committee approved Senate Bill 30, which would extend existing provisions of state law protecting homeowners from having to pay income tax on a short sale, this was supposed to be positive news for Realtors and homeowners.

Mortgage Insurance Cos. of America members saw more than double the number of loans they insured go through the Home Affordable Refinance Program and other refinancing programs for distressed borrowers in 1Q13 over the same period last year.

Carrington Real Estate Services has launched a mobile online resource center that is designed to save real estate agents time.

Freddie Mac purchases of mortgage loans and securities fell 9% from March to $47.3 billion in April.

Lloyds Banking Group plans to auction about $8.7 billion of U.S. mortgage securities without government backing that were issued before the credit crisis.

The rising tide also include competitors CoreLogic and Ellie Mae.

Fidelity National Financial dominates mortgage underwriting. Its former LPS unit is the top mortgage servicer. The question is whether by reuniting two companies that have run out of room to grow separately can prosper together.

JPMorgan has another prime jumbo mortgage-backed securities deal in the pipeline, according to three companies’ presale ratings reports.