Servicing

Foreclosure starts fell 22% from the previous month, according to a Black Knight Financial month-end mortgage performance statistics report.

Mortgage bankers facing new demands on their businesses are becoming increasingly interested in new sources of liquidity, particularly through mortgage servicing rights financing vehicles.

There were foreclosure filings on a reported 125,875 properties in April — 3% more from the previous month and 9% more from a year ago.

Nonbank servicers selling and buying Fannie and Freddie MSRs must meet new capital and liquidity requirement to transfer servicing.

Foreclosure starts increased slightly while non-foreclosure resolutions for homeowners remained level from the same time last year, according to industry advocacy group Hope Now.

The Commercial Real Estate Financing portal allows investors to apply for financing through Auction.com with the company's preferred lenders.

Radian Guaranty has added two national account managers and an inside sales account management team to work strictly with its credit union customers, their members and their trade associations.

The total number of new home equity lines of credit increased 36% in the first quarter according to Equifax.

The national foreclosure law firm Butler & Hosch has shuttered its operations after rapid growth through acquisitions tapped out its cash reserves.

Calling his state's foreclosure process "badly broken and in need of change," New York banking regulator Benjamin Lawsky wants new policies enacted to fast-track vacant property foreclosures and reform the state's mandatory foreclosure mediation requirements.