Servicing

NMN's 9th Annual Mortgage Servicing Conference is coming up. Here are some of the can't-miss sessions and speakers on the agenda.

Altisource Portfolio Solutions has raised the curtain on Residential Investor One, a new cooperative aimed at providing savings and services for real estate investors.

More banks are buying mortgage servicing rights now, reversing a post-crisis shift that saw nonbanks dominate the MSR purchasing landscape, according to Fitch Ratings.

Ocwen Financial announced a preliminary loss of $546 million, or $4.18 per share, for fiscal year 2014 Tuesday, on a higher-than-expected goodwill impairment and charges stemming from the company's settlement with the New York Department of Financial Services.

FirstKey Lending priced a $241 million securitization of fixed-rate loans it made to landlords for the purchase of single-family homes.

Blackstone Group cemented its position as the world's biggest private-equity investor in real estate with a global buying spree that includes General Electric Co. assets and a California-based shopping-center owner.

Radian Group Inc. Chief Executive Officer S.A. Ibrahim said the mortgage insurer is poised to expand after its first profitable year since 2006.

CUNA and NAFCU each submitted comment letters to the Consumer Financial Protection Bureau regarding 2013 Regulation X (RESPA) and Regulation Z (TILA) mortgage servicing rules, urging the CFPB to adopt several changes and clarifications.

Mortgage professional hiring and new job appointments for the week ending April 10.

Fannie Mae has released details of its first bulk sale of nonperforming loans, just one day after announcing its plans to go ahead with these transactions.