Servicing

Real estate agents using RES.NET’s agent portal now have access to a tool that streamlines offer negotiation activities resulting in faster closings.

Freddie Mac sees a modest decline in residential fundings next year as the purchase business gathers steam.

Ed Pinto says 40% of FHA loans are subprime and are hurting neighborhoods.

Certain federal- and state-level regulatory measures are bound to affect how mortgage lender-servicers do business in the Northeast.

Rather than selling homes to legitimate investors, Foreclosure Solution Specialists designed sham sales to straw purchasers.

Loan Value Group has begun to facilitate the delivery of government-funded principal reductions in an effort aimed at getting the relief to qualifying underwater borrowers in Arizona more quickly.

Unemployment is one of the reasons why the recovery is a slow one.

Allonhill workers who lost their jobs were working on transactional due diligence accounts.

The Federal Housing Administration believes the pilot program has the potential to reduce losses and eliminate carrying costs of managing and marketing REO properties.

Joseph A. Smith, the former North Carolina banking commissioner who now heads the Office of Mortgage Settlement Oversight, has been touring the West Coast to gauge the servicers' progress by speaking with the folks "on the ground."