Servicing

Integra Group Real Estate expanded its property management services to now provide inspections for vacant rental and real estate-owned properties.

As the Mortgage Bankers Association’s annual conference in Chicago gets closer, I’m remembering what a great mortgage party town the Windy City has been over the years.

Are businessmen of all different stripes, including lenders, holding back on hiring?

The Consumer Financial Protection Bureau is focusing strong attention on large bank and nonbank residential servicers.

Senate Democrats are trying to revive a mortgage refinancing bill—for Fannie Mae and Freddie Mac borrowers—by reintroducing a slimmed-down version of the measure.

Pacifica Companies, LLC, San Diego, was declared the winning bidder on a Fannie Mae bulk REO portfolio, paying just $12.3 million for a package of 699 Florida properties valued at $81.5 million.

Cashmere Valley is turning to outsourcing to help make sense of the complicated legislation that after two years is still developing as provisions get delayed, clarified or rewritten. For banks with assets of less than $10 billion, it's not even clear which parts of the law apply.

The Federal Housing Administration appears to be in process of a changing a March directive that made it more difficult to process refinancings.

Title insurance underwriters saw the volume of premiums written during the second quarter increase by $456 million over the same period last year, according to the American Land Title Association.

If the government is bent on winding down Fannie Mae and Freddie Mac sooner rather than later, then it helps that some major lenders are committing to buy back soured loans from the government-sponsored enterprises all at once, rather than quarter by quarter.