Servicing

InCharge Debt Solutions has partnered up with Freddie Mac to open a resource center that provides educational and information assistance to struggling homeowners with Freddie Mac-owned mortgages to help them stay in their homes.

With the bucket-load of regulations coming down the pike toward mandatory implementation in our industry, it’s time to track, measure and quantify experience while simultaneously speeding the process, complying with changing rules, and recovering the most dollars.

The economy is in the tank and thousands of people are out of work. In the U.S., given the slow recovery, the housing crisis continues.

Know Your Options Customer Care is a customer engagement strategy and training program for servicers in order to prevent foreclosures by developing consultative relationships with struggling homeowners.

Citigroup executives remain very guarded about the outlook for the housing market and they have no immediate plans to reduce their reserves for possible mortgage losses.

Two property owners asked the U.K. Supreme Court to overturn a ruling that a 1967 law enabling long-term leaseholders to forcibly buy their homes at market prices should apply to buildings used as businesses.

The benchmark 10-year Treasury’s yield matched its all-time low of 1.44%, putting more downward pressure on long-term mortgage rates.

The Prestwick Mortgage Group is offering $58 million in private investor multifamily/commercial servicing from an undisclosed private mortgage company.

Mary Armstrong, an unlicensed mortgage broker, Teresa Rose, a real estate agent, William Fountain, Armstrong’s assistant, and Justin Mensen were all charged with conspiracy to commit wire fraud and to launder money.

Lenders Compliance Group is using Veros Real Estate Solutions' collateral integrity analysis product for prefunding and post-closing audits, early payment defaults, high default due diligence, as well as warehouse bank and portfolio reviews.