Servicing

delinquencies, CMBS, commercial mortgage-backed securities,Trepp

Home prices across the United States spiked 6.5% year-over-year in June 2015, including distressed sales, according to proprietary analytics provider CoreLogic.

Ginnie Mae has updated the procedures manual used by the custodians of documents involved in mortgage-backed securities.

United Guaranty Corp.'s second-quarter pretax operating income fell 25% from a year ago due to a less favorable adjustment to its loan loss reserves.

Years after the crisis, fundamental problems in default servicing still exist and in order to move forward, servicers must reimagine their processes to better manage overall volume and spikes in demand.

While mortgage loan delinquencies continued to fall in June, non-mortgage debt continues to mount, according to data from Black Knight Financial Services. This added debt could affect a consumer's ability to keep making mortgage payments or buy a new home.

CIT Group has completed its acquisition of OneWest Bank in Pasadena, Calif.

Fidelity National Financial has recapitalized ServiceLink Holdings, increasing its ownership in the transaction services company.

Bank of America has received approval for additional credit during the first quarter of 2015 from the independent monitor overseeing its compliance with the requirements of its mortgage settlement agreement.

Mortgage professional hiring and new job appointments for the week ending July 31.