Servicing

Altisource Portfolio Solutions has replaced its GoHoming online real estate marketplace with Hubzu.com.

• Top Tech-Savvy Lenders & Servicers
• HARP 2.0 Refi Reboot
• Six Sigma Challenge

The presidential election is heating up and according to emails I’ve received there’s evidence out there suggesting that not all mortgage bankers love GOP candidate Mitt Romney.

The nation’s refinancing boom has been plowing along for two years now—and just when it appears that everyone who could refinance has already done so, rates drop yet again, setting off another round of activity.

Patrick Sheehy, a top mortgage executive at Chase, has left the company, National Mortgage News has learned.

Union Bank, San Francisco, one of the largest jumbo lenders in the U.S., is on track to fund a record $9 billion in loans this year, according to a top officer at the company.

Ellie Mae COO Jonathan Corr discusses how mortgage companies should time new technology purchases to take advantage of market dynamics.

One tenet of real estate investing is that you never should sell a home in a down market. And one tenet of mortgage banking has always been that you don’t sell servicing rights in a down market either.

Commercial mortgage-backed securities delinquencies declined by nine basis points in August when compared to July, but conduit loans backed by office properties remain a problem.

The strong recovery in commercial real estate prices that commenced in early 2010 continues, albeit it “has lost steam over the last three quarters.”