Servicing

Helios Capital LLC, a commercial loan advisory firm specializing in the sale of small balance commercial loans, loan portfolios and REO assets under $25 million, has completed a $2.7 million nonperforming loan sale for a Manhattan property.

There were greater losses for commercial mortgage-backed securities conduit loans and loss severities in May compared to the previous month, according to Trepp.

Two federal lawsuits against appraisal management companies could become weapons for mortgage-backed securities investors seeking to make lenders buy back soured loans.

Despite a rocky housing market, American voters still believe that owning a home is an important goal and is one of the best investments they can make, according to a poll commissioned by the National Association of Home Builders.

Freddie Mac on Tuesday afternoon unveiled a major reorganization in its ranks, naming former GMAC executive Tony Renzi to head a newly created division to oversee single family lending, operations and technology.

The Georgia Department of Banking and Finance early this week slapped Kondaur Capital, Orange, Calif., with a final consent order, prohibiting it from lending or buying any loans in the state.

Seven states had subprime adjustable-rate mortgage delinquency rates of more than 30% in the first quarter of the year, according to the MBA’s latest report. You could probably name them, right? California, Florida, Nevada, Arizona, Michigan...

Concern over rising energy prices and a lack of urgency to buy in a declining home price market has real estate agents reporting declining homebuyer traffic and prices.

General Electric Co. and Capital One Financial Corp. have submitted bids for ING Group's U.S. online bank, according to combined press reports.

The National Credit Union Administration late Monday came to market with its 13th and final offering of NCUA Guaranteed Notes, selling $2.21 billion of mortgage-backed product to investors.