Servicing

The Mortgage Bankers Association has formed three new partnerships in an effort to provide new benefits to members.

Banks and mortgage firms representing 70% of the New York market will adopt a set of best practices to combat the "zombie properties" afflicting communities throughout the state, New York Gov. Andrew Cuomo announced Monday.

RMBS 3.0 investors are turning their attention to service performance in new transactions, following years of difficulties in the mortgage servicing sector, according to Fitch Ratings.

Online real estate marketplace Hubzu is offering consumers looking to bid on real estate owned properties a financing contingency option.

The owner of an Ohio-based loan administrator, accused by the Consumer Financial Protection Bureau of deceptive marketing, says he is the victim of a misguided lawsuit by the agency.

Mortgage professional hiring and new job appointments for the week ending May 15.

Nationstar Mortgage Holdings president and chief operating officer Harold Lewis has announced his plans to retire and resign his posts with the company, effective May 31.

Lenders are heading into the MBA's Secondary Market Conference with stronger origination volumes and secondary market relationships than last year. But how long will these volumes last and how can the industry make the most of them?

Long before regulators put the spotlight on servicing-rights transfers, there were signs that many deals weren't going smoothly, leaving both borrowers and investors at risk.

Before Dodd-Frank, proving risk management precautions were in place was enough; now, the only real defense lenders and servicers have is an audit trail showing how violations were avoided.