Servicing

Moody's tells Genworth Financial that it should sell its troubled U.S. mortgage insurance division.

Thanks to more GSE G-fee hikes, in time we may see more firms play in the jumbo MBS space. But don't hold your breath.

When the housing crisis began nearly five years ago, one of the main concerns was that the backlog of foreclosed properties were all going to hit the market at the same time, but this has not materialized as suspected.

The private mortgage insurance industry continues to gain strength in new policies written with reporting firms saying they wrote $11.3 billion of coverage in August.

Regulators are starting to see the effects of a $25 billion national mortgage servicing settlement with an increase in new loan modification trial-period plans.

Flagstar Bancorp, a top ten ranked player in residential finance, is going the reverse stock split route.

At national banks the percentage of mortgages that were current or performing was 88.7% at the end of the quarter, compared with 88.1% a year earlier.

Grand Bank has agreed to sell its wholesale mortgage banking division, ICON Residential.

The 2012 Top Tech-Savvy Lenders and Servicers have voted and Mortgage Technology is pleased to announce the finalists for the first-ever Lenders’ Choice Award.

Freddie Mac’s latest rate survey bears out earlier accounts this week showing long-term mortgage rates have dropped notably in the wake of the Federal Reserve’s third round of quantitative easing.