Servicing

Small and midsize financial institutions and nonbanks look to steady their income stream by retaining servicing in lieu of servicing release premiums.

The March FNC Residential Price Index data add to a growing list of research findings that confirm the U.S. housing market continues to recover at a steady and persistent pace.

As players in the business have adjusted their holdings, interest in outsourcing services and technology has picked up.

The defendants marketed their national businesses as purchasers of distressed real estate where vulnerable homeowners could avoid foreclosure and the accompanying negative effects on their credit.

Foreclosure starts jumped during the first quarter but slowed considerably in March.

Persistent economic concerns will slow down the pace of recent commercial real estate performance improvements, according to Moody's.

Ares Commercial Real Estate Corp. has agreed to acquire certain assets from the Alliant Co. for $62.8 million.

Seasonally adjusted mortgage applications dropped 7.3% week-to-week, according to the Mortgage Bankers Association.

April home sales for Southern California sold at the fastest pace in seven years due to high levels of investor purchases and a strong demand for move-up housing units.

Fannie Mae is carrying its big stick once again and this time servicers and others in the mortgage industry had better be ready to duck.