Servicing

BankFinancial said it had tried "accelerated dispositions" with some of repossessed assets, selling $2.4 million of other real estate owned and accepted offers for another $4.3 million.

Capital One's highest level of exposure is in New York, where it has $25.4 billion of loans outstanding.

If you know the answer to four questions, you will have a better handle on quality control.

PennyMac is beginning to make a name for itself as a top ranked buyer of mortgages, including jumbos.

Despite the increase, LPS believes the overall trend is one of improved delinquencies, noting that late payments are still down 30% from January 2010.

Freddie Mac chief economist Frank Nothaft attributed the mixed-rate movements to a recent above-consensus employment report, and an upward revision in the prior two months of jobs data.

Is it time to reconsider the death sentence for Fannie Mae and Freddie Mac?

The government-sponsored enterprises recently issued guidelines that expand the number of potential borrowers who can qualify for a short sale.

Real estate investment trusts that buy mortgage debt tumbled the most in a year Wednesday on the expectation that more homeowners would be able to prepay mortgages.

The large majority of Wells Fargo's commitment, $30 million, will come in the form of bank-owned property.