Servicing

Colony American Homes has completed a securitization transaction backed by income generated from almost 3,400 single-family rental homes.

The number of underwater homeowners who received principal reductions on their mortgages through the Keep Your Home California program increased dramatically in 2013.

Jose Gonzalez, the first Hispanic president of a Federal Home Loan Bank, envisions eventually allowing new categories of lenders like REITs to join the system, but wants membership to stay as it is for now.

There is only one week remaining to submit a nomination for the 2014 Mortgage Technology Top 50 Service Providers.

The final deadline for nominations is 6 p.m. EDT Thursday, April 17, 2014.

Lenders are increasingly using the courts to foreclose on delinquent homeowners in states where it's not required to reduce the risk of falling afoul of new protections.

The Michigan company has pledged $1 million to help people buy homes in the Marygrove College neighborhood. Homeowners can get up to $25,000 and have $5,000 shaved off the balance each year they live there.

Refinances last week made up the lowest portion of mortgage activity since July 2009, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ended April 4.

Stewart Title Co. has acquired quality control firm Wetzel Trott in a move to expand its origination and servicing audit and due diligence services.

Genworth Financial projected net profit will climb 29% this year at the Australian mortgage insurer that’s slated for an initial public offering.

Radian Group said Chief Executive Officer S.A. Ibrahim’s incentive compensation more than doubled last year as the mortgage insurer’s stock surged.