Servicing

Freddie Mac is starting to securitize modified single-family loans.

Toll Brothers is finding more buyers for jumbo loans, including a major insurance company.

Quandis’ valuation system is completely Web-based and enables asset management outsourcers to manage the placement, receipt, distribution, processing and automatic delivery of broker price opinion orders in one automated platform.

Of the 17 Mortgage Industry Equity Composite members, 15 closed lower and 13 had a loss of greater than 1%.

FeatherStone Investment Group has begun underwriting and structuring its first rental income securitization.

BNY Mellon Wealth Management is rolling out a two-year recruiting campaign that aims to double its wealth management sales force.

Deirdre Daly, acting U.S. attorney for the District of Connecticut, said Daniel Monterio waived his right to indictment and pleaded guilty to one count of conspiracy to commit bank fraud, wire fraud and money laundering

Stonegate Mortgage has sold $115 million of its common stock in a private offering, with the initial purchaser being FBR Capital Markets.

Recent decreases in first-mortgage default rates are contributing to continuous improvements in the financial condition of most U.S. consumers.

Year-over-year Illinois home sales increased 25.3% in April marking the best spring performance since 2007.