Servicing

Moody’s Investors Service has downgraded the ratings of 11 tranches and upgraded the ratings of six tranches from six 2004 jumbo residential mortgage-backed securities deals issued by Wells Fargo.

The average rate for a 30-year fixed-rate mortgage dropped two basis points to 3.35% from the previous week.

When conducting a broker price opinion, one of the most important aspects to determine the proper value for an asset is being familiar with that local community.

Teaching struggling borrowers how to manage their finances creates value at numerous levels not only for the parties directly involved such as servicers.

The Department of Housing and Urban Development recently announced that it would shut down the fixed-rate Standard Home Equity Conversion Mortgage product by Jan. 31 due to losses caused by technical defaults.

Hedge funds and private-equity firms are betting on delinquent home loans being sold by the Federal Housing Administration.

Up to 55% of the economists, real estate experts, investors and market strategists participating in a survey find 2013 home prices would not be negatively affected by potential mortgage interest deduction reductions.

Builder Lennar Corp.’s Rialto Capital subsidiary has completed the first closing of its second real estate investment fund.

Finding good strategic partners and vendors by mortgage lenders is not just sound business strategy anymore but the law.

Wall Street banks are offering warehouse lines to fund investors that are gathering large portfolios of single-family rental properties to begin the process of a securitization.