Servicing

Now more than ever effective loss mitigation techniques are needed. Today’s servicers need to look at every possible avenue—loan modifications, refinancings, short sales, deeds-in-lieu of foreclosure, doorknockers, everything—to help them cope with overdues that remain at the highest levels in a generation.

A state run program that provides loans to homeowners that can't make their mortgage payments due to a temporary job loss has a high success rate, according to a study by economists at the New York Federal Reserve Bank.

Real estate brokers will have an extra incentive to sell a Freddie Mac Homesteps home in Las Vegas beginning this weekend.

The $5.2 million loan on the U.S. Geological Survey regional headquarters that was securitized in loan pool JPMCC 2010-C2 is 30-days delinquent, according to a report from Royal Bank of Scotland.

A new tool checks Department of Defense records to verify whether defaulted mortgage borrowers are actively serving in the military, providing a regulatory compliance check for servicers while staying within the confines of department policies.

A new tool checks Department of Defense records to verify whether defaulted mortgage borrowers are actively serving in the military, providing a regulatory compliance check for servicers while staying within the confines of department policies.

Arguably among mortgage investment prospects that could become more compelling with risk retention requirements moving forward are the real estate investment trusts.

For the first time since 2007, there are fewer California homeowners receiving foreclosure notices after the first quarter of this year.

The European Union (EU) and U.S. regulators might be on the same page when it comes to trying to get the securitization market to be more risk averse. However, their different approaches have left a gap that needs to be eventually bridged, industry sources said.

FICO launched an analytic advance that substantially improves lenders’ ability to identify borrowers at risk of strategic default on mortgages.