Servicing

All eyes are on Texas legislators who in the next few days will determine how the state may use roughly $124.7 million in national mortgage settlement while some insiders worry about potential diversions.

Across the nation, a shortage of available housing inventory is forcing prospective buyers to bid against one another for those properties that are listed for sale.

360 Mortgage Group sees the exit of Chase Rural Housing from the wholesale U.S. Department of Agriculture loan purchase channel as an opportunity to grow its own business in this big but underserved market place.

Indecomm Global Services has completed the acquisition of Mortgage U Inc., a mortgage training company that focuses on regulatory compliance.

Richard Hartnack, the former vice chairman and head of consumer and small business banking at U.S. Bancorp, has joined the board of directors of Freddie Mac.

Fay Servicing is seeking to hire experienced mortgage professionals living in the greater Chicago area.

April home values reached similar levels from nearly nine years ago, according to the latest Zillow real estate market report.

Commercial real estate loan collateralized debt obligation delinquencies remained stable at 13.2% in Fitch Ratings’ latest monthly report.

The Federal Housing Administration is making it possible for existing FHA borrowers who had trouble making their payments in the past to refinance at a lower rate.