Servicing

Constraints on GSE loan volume and an overall dearth of liquidity were among the biggest issues at hand during the Mortgage Bankers Association's Secondary Market Conference in New York. Here's a recap of the event.

A Florida court on Friday sided with the Consumer Financial Protection Bureau and the state over claims that a law firm charged illegal fees to consumers seeking foreclosure relief.

There could be a new wave of delinquencies among home equity line of credit borrowers as a large percentage are moving into the repayment phase, a report from Experian said.

Mortgage professional hiring and new job appointments for the week ending May 29.

A Virginia short sale specialist was convicted Wednesday by a federal jury on charges including mortgage and tax fraud.

New servicing standards issued by the government-sponsored enterprises are unlikely to pose a hurdle for the biggest nonbank players in the market, but small servicers could find it more challenging.

Colony American Homes paid up for its latest securitization of single-family rental homes, which has a duration-weighted blended interest rate of Libor plus 188.8 basis points.

Ocwen Financial will close a call center in Houston as the mortgage servicer continues to downsize.

Freddie Mac auctioned off 1,052 delinquent nonperforming loans serviced by Ocwen on May 21 as part of its Standard Pool Offerings.

Eight years after the bottom fell out of the housing market, investment giants including BlackRock are facing off against small hedge funds over the detritus of the subprime era.