Servicing

Movoto.com, a free online resource to help individuals and families who are looking to purchase a home, now has listings available for Las Vegas and Reno, Nev.

A Texas-based investment partnership has acquired The Collection at Vanderbilt shopping center in Naples, Fla. for an undisclosed price.

Fitch’s review of 1,246 rated subprime residential mortgage-backed securities issued between 1993 and 2008 shows that, on average, losses are relatively stable and expected defaults are still improving, but continuing housing market weakness and foreclosure delays are still driving expected loss severities higher.

Mortgage application volume increased by 2.7% on a seasonally adjusted basis for the week ended March 18, according to the Mortgage Bankers Association.

On Thursday the National Credit Union Administration will issue roughly $1.5 billion of 'NCUA Guaranteed Notes' backed by the cash flow of mortgage backed securities culled from failed corporate credit unions.

The Federal Deposit Insurance Corp. has scheduled a March 29 board meeting to take up the long-await proposed rule that will determine which “high quality” mortgages are exempt from risk retention.

As the number of delinquencies and foreclosures continues to rise servicers need to be prepared and plan how to manage their processes accordingly.How can a loan servicer determine if their process could be improved?

Demand for mortgage servicing is rapidly expanding across the board starting with expertise, new partnerships and even self-serve specialty servicing options.

The 27 terms state attorneys general are demanding top servicers follow are an onerous and rigorous regimen.

The Consumer Financial Protection Bureau is going to allocate half its budget to supervision and enforcement of consumer protection laws with a strong emphasis on non-bank lenders.