Servicing

The performance of commercial and multifamily mortgages continued to improve during the fourth quarter, according to the Mortgage Bankers Association.

The Federal Deposit Insurance Corp. has accepted Banco Popular de Puerto Rico's bid to purchase mortgage servicing rights held by shuttered Doral Bank.

The Federal Housing Finance Agency released a set of new rules for the sale of troubled mortgages by Fannie Mae and Freddie Mac.

The great American refinancing boom of 2015 is turning out to be greatly exaggerated.

From new compliance scorecards to rethinking how to deal with consumer complaints, there's plenty to debate about the future of servicing. Here's a look at the most insightful and noteworthy discussions from this year's Mortgage Bankers Association servicing conference.

An audit of Ginnie Mae financials identified four "material weaknesses" and one "significant deficiency," primarily related to the accounting of $6.6 billion in defaulted loans made by the failed lender Taylor, Bean & Whitaker.

Embattled mortgage servicer Ocwen Financial faces up to $26 billion in damage claims by bondholders and a greater risk of being fired as a mortgage servicer on thousands of small, private-label trusts.

Ocwen Financial Corp., the mortgage servicer under attack for its handling of home loans, slumped the most in more than a month after receiving notices that it was being fired from overseeing debt backing two bond deals.

New Residential Investment Corp. posted net income of $54 million in the fourth quarter, as the company gears up to close its acquisition of Home Loan Servicing Solutions.

Stewart Information Services Corp. is being targeted by activist Phil Goldstein, who is urging a sale of the property-title insurer and seeking control of its board.