Servicing

The average 30-year rate during the week ending Feb. 21 was up three basis points from the previous week.

The Federal Housing Administration will soon be launching a new loss mitigation waterfall to further emphasize its Home Affordable Modification Program in hopes of further reducing foreclosures.

Re/Max and RES.NET are forming a partnership in which the former’s real estate agents will get direct access to the latter’s recently upgraded agent portal.

The market reacted to the release of the minutes from the January meeting of the Federal Open Market Committee.

Organizations need to implement a change management office to help guide new initiatives and efforts.

Fitch Ratings agency recently affirmed Arch Capital's ratings and stable outlook.

Banking regulators are paying more attention to loss mitigation and how servicers handle delinquent borrowers and the outcomes.

This represents the first time the Washington, D.C.-based agency has received funding from a state for legal assistance.

Revel AC Inc. has reached an agreement with the majority of its lenders that will allow the Atlantic City casino hotel operator to enter into a prepackaged Chapter 11 bankruptcy reorganization.

January’s first-mortgage defaults declined 10 basis points from December and 50 basis points from January 2012 to 1.58%.