Servicing

Banks' old problems kept easing in the first quarter. Their new problems didn't.That's what analysts expect to hear from JPMorgan Chase & Co. and Bank of America Corp. this week as they kick off quarterly results.

The only bank that has been penalized for mortgage servicing lapses got slapped for doing the opposite of what state attorneys general have been demanding.

Home values are still falling, but at a less dramatic pace, according to the new CoreLogic house price index.

The Mortgage Bankers Association is asking the Federal Housing Finance Agency for more information on what servicers might be paid if a loan moves from being current into the ‘default’ category.

The private mortgage insurance companies will not report profits in the first quarter but there should be continued improvement in credit trends and operating performance, said a report from Keefe, Bruyette & Woods.

After being rejected for a loan modification, Carla Ghosn decided to build a website that would tell borrowers if they qualified for the government's Home Affordable Modification Program.

If loan volumes are slowing, don’t tell that to TMS Funding of Milford, Conn. The nonbank residential lender recently hired six wholesale account executives and plans to hire more.

As the market waits for word on the sale of HSBC’s $60 billion servicing portfolio, smaller MSRs deals continue to be offered by broker/advisory firms.

It's finally April and thousands upon thousands of new home listings are hitting the market – but a key source of homebuyer financing, the Federal Housing Administration program, will shut down Friday night if Congress cannot reach terms on a budget deal.

Fitch this week followed through on its warning of last month and cut Republic Mortgage Insurance Company's insurer financial strength rating down to junk levels.