Servicing

Costco has started to offer mortgages through approved lenders and heavily marketing the program to its 68 million members.

As of April, the national shadow inventory was 1.5 million units, which represents a four-month supply.

Average fixed mortgage rates reversed course and inched up in Freddie Mac’s weekly survey, ending a run of record lows in recent weeks.

If CFPB is successful in killing nonbank brokers who’s to say the agency won’t go after nonbank servicers next? That would mean all those REITs buying MSRs might be in danger.

It’s one thing when special interests declare “the end” of the housing debacle, but it’s another when such an august organization as the Joint Center for Housing Studies at Harvard University calls the bottom.

U.S. consumers owed $8.995 trillion on their residential loans at the end of March – the lowest debt figure recorded in almost five years, according to new figures compiled by National Mortgage News and the Quarterly Data Report.

Foreclosure filings in May exceeded the 200,000 mark for the first time in three months as more servicers moved to take possession of real estate collateralized by delinquent home mortgages.

Among Telrock’s lending clients, 40% of borrowers who were contacted through a mobile service paid directly through the device within 30 minutes of receiving the alert.

REO asset manager and loss mitigation provider Green River Capital is enhancing the broker price opinion and appraisal platform its valuation unit, Infinity Valuation Services, uses by utilizing technology from Realty Pilot.

A good way to gauge the profitability of renting a particular property is to calculate its capitalization rate—the expected expense-adjusted annual cash flows from renting a property relative to the acquisition price.