Servicing

Objections raised by the Federal Deposit Insurance Corp. to a recently introduced covered bond bill can be resolved, according to Treasury secretary Timothy Geithner.

Over 150 HUD foreclosed Phoenix homes are going to be auctioned to owner occupant buyers on March 26.

As foreclosures continue to increase in Michigan and home prices maintain a decline from a year ago, Woodward Asset Capital has decided to change its business strategy.

Praxis Capital LLC, a private equity investment firm, has acquired the 54-unit Walnut Grove Apartments in Austin, Texas, for an undisclosed price.

One of Chicago’s largest planned developments at Roosevelt Road and the Chicago River is hitting the auction block.

Two top Obama administration officials said Tuesday that the government-sponsored enterprises would not be exempted from a pending proposal to help standardize mortgages sold into the secondary market.

The Financial Industry Regulatory Authority has approved Greens Worldwide Inc. to change its corporate name to Black Castle Developments Inc.

Economists at the Federal Reserve Bank of New York have been thinking about how to deal with the four largest mortgage lenders if Fannie Mae and Freddie Mac were converted into mortgage securitization cooperatives.

Connecticut residents who are looking for foreclosure alternatives can now receive help from professional realtors.

Goldman Sachs is once again entertaining bids on its subprime servicing operation, Litton Loan Servicing, Houston, and has approached a handful of bidders about making an offer, according to industry officials.