Servicing

Fewer borrowers defaulted on their mortgage loans in June compared to the prior month.

One legal expert says the use of eminent domain to seize mortgages out of private-label securities would diminish the value of the overall pool of securitized loans.

Drawing the line between regulatory failures and regulatory implementation failures is not an easy task.

Home Loan Servicing Solutions acquired certain non-agency mortgage servicing assets with unpaid principal balances from Ocwen earlier this year.The impact has picked up its second quarter results.

As commercial loans continue to default at a brisk pace, the controlling classes of certificate holders in CMBS are likely to change with increasing frequency.

M&T Bank Corp. said the 13% increase in the company's 2Q12 net income over 1Q12 reflects a 24% increase in mortgage banking during the time frame.

The average single-family new home price should improve by 4.25% and the median should rise by 4.5% in 2012.

Wells Fargo's mortgage servicing rights portfolio could have an impact on the bank's capital ratios under the Basel III requirements in the not-so-distant future when interest rates rise.

A Utah man pleaded guilty in federal court for his role in a multimillion-dollar mortgage fraud scheme that resulted in the illegal flipping of six properties and huge lender losses.

There is much discussion about how housing prices have stabilized lately, implying the housing market is progressing forward into recovery mode. Econ 101 says differently.