Servicing

An increasing number of severely delinquent mortgages that were securitized during the boom years are sustaining losses that are greater than the loan's original principal balance.

A battle over social media about how well the current housing finance system treats African-Americans and other minorities has spurred a critical discussion about racial disparities in the mortgage market.

Home prices in 20 U.S. cities rose at a slower pace in the year ended in March as the housing market began to weaken at the start of 2014.

Bankruptcy filings helped delinquent homeowners reduce the likelihood of a foreclosure auction by 70%, researchers have found.

The share of California homes sold in nondistressed, traditional sales transactions is at its highest level in seven years, according to data from the California Association of Realtors.

Valuation Partners, an appraisal management company in Sugar Land, Texas, said on Thursday that it has launched a unit to handle valuations of commercial properties.

Servicing income rose last year but not enough to offset other expenses.

Prior to 2006, the industry primarily relied on enforcing lender representations and warranties. Recent widespread litigation has shown the immense costs of relying on cures. Prevention is a better solution.

New York banking regulator Benjamin Lawsky said Wednesday his office will investigate claims that Ocwen Financial Corp. and other servicers require distressed borrowers to sign nondisclosure agreements in order to receive mortgage modifications.

Most of the loan pools are geographically diverse, but a pool concentrated in the Southwest is expected to appeal to bidders that want to turn nonperforming loans into single-family rental properties.