Servicing

A bulk Ginnie Mae servicing deal that an undisclosed seller will put up for bid soon is one of the largest transactions seen recently in the market.

Mortgage professional hiring and new job appointments for the week ending Sept. 11.

The rising costs to service mortgages reflects a market where there are not only downsides to being too small, but hurdles to being too large — raising the question of whether there's a middle ground where servicers are not too big, not too small, but just right.

Moody's Investors Service just flagged a risk in bonds backed by single-family rentals: there aren't enough special servicers.

Comptroller of the Currency Thomas Curry said banks could consider loan-to-value ratios above 90% to help revitalize areas hurt by the housing crisis.

FirstKey Holdings has formed a business unit to manage single-family rental homes.

The delinquency rate for commercial and multifamily mortgages continued to improve for most categories of investors in the second quarter, continuing a trend from the first quarter, according to the Mortgage Bankers Association.

The national inventory of foreclosed homes and total completed foreclosures both fell in July, on a yearly basis, according to CoreLogic.

Total home equity in the United States mortgage market has risen nearly $1 trillion year-over-year to $7.6 trillion, the highest level since 2007, according to Black Knight Financial Services.

Walter Investment Management has reached a settlement with federal authorities over reverse-mortgage practices at a business unit.