Servicing

A distressed $410 million loan on One & Two Prudential Plaza is facing an appraisal-related downgrade that implies additional losses.

A joint survey conducted by the Department of Housing and Urban Development and Census Bureau found that approximately 20% of American households live in multifamily rental buildings.

Fannie Mae priced its third multifamily DUS REMIC for 2013, a $904.3 million deal that is the first of its kind to include 10-year pools with seven years of yield maintenance.

Foreclosure protesters interrupted Wells Fargo CEO John Stumpf at a banking conference.

Paul Tomko has chutzpah for committing mortgage fraud while working as an FBI informant.

Housing experts are warning legislators about the unintended consequences of a narrow qualified residential mortgage definition.

January data confirm that proprietary mortgage loan modifications continue to be more affordable than Home Affordable Modification Program options.

Lack of emergency savings makes borrowers three times more likely than households with such resources to pay late, and twice as likely to face a foreclosure.

The House passed a bill by voice vote that would allow banks to opt out from sending annual privacy notices to customers unless the disclosures changed from the prior year.

Loans refinanced under the Home Affordable Refinance Program declined in December to 41.1%.