Servicing

Cash sales are falling overall, but still represent the majority of sales involving homes in the lowest tier of property values, according to Black Knight Financial Services.

MFA Financial has carved out an impressive niche for itself by buying reperforming and nonperforming residential mortgages and securities.

The delinquency rate on the loans included in commercial mortgage-backed securities increased for the third consecutive month in May after significant declines at the start of the year, according to Trepp.

New York's State Assembly has passed legislation that seeks to address problems related to preforeclosure vacant and abandoned properties.

Mortgage professional hiring and new job appointments for the week ending June 3.

The California State Senate has approved legislation to expand the rights of widows, widowers and other heirs facing foreclosure following the death of a loved one.

The Federal Housing Finance Agency is set to make the sales of nonperforming loans by Fannie Mae and Freddie Mac more transparent, including providing information on trends at the individual pool level, according to a top agency official.

JPMorgan Chase has received credit for $3.89 billion of consumer relief, plus it says it has provided an additional $113 million, putting the bank over the top on its obligation.

After a series of recommendations this year that didn't quite go as planned, Goldman Sachs has a new top trade idea.

Incenter Mortgage Advisors is brokering the sale of a $1.4 billion Fannie Mae and Freddie Mac bulk residential mortgage servicing rights portfolio.