Servicing

Mackie Wolf Zientz & Mann, a default legal services provider to the mortgage banking and financial services industries, is expanding its business operations into Tennessee.

As expectations rise to finally seeing a mortgage market shift to more home purchase loan originations, it also implies lenders will have to provide first-time homebuyer products that work.

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.