Servicing

The Consumer Financial Protection Bureau's new notification requirements for property valuations have rekindled old debates over appraisal alternatives and are expected to add costs alongside yet another layer of mortgage litigation risk.

Life insurers have gotten burned in commercial lending before, but spectacular credit performance is reinforcing their persistent love of the niche.

Thousands of eligible GSE borrowers could benefit from the federal refinancing program, the Urban Institute estimates.

There were 385 more new notices over December but a higher number of loans cured and more claims were paid.

Regulatory intervention throws a monkey wrench into a mortgage servicer's growth plans—and calls into question whether there are enough nonbanks to absorb all the servicing banks want to sell.

Lenders should consider carefully the potential for originators to steer borrowers from closed-end products into open-ended loans.

There are plenty of companies waiting for a secondary mortgage market to develop for these high-margin loans.

JPMorgan Chase. is offering $390 million of nonperforming loans as banks including HSBC Holdings and Regions Financial increasingly look to sell troubled mortgage debt.

Sensing an opportunity created by tight credit conditions, the giant servicer will buy "nonagency, nonprime" loans from the mortgage cooperative Lenders One, a mortgage cooperative with close ties to the servicer.

Prepayment speeds fell to 12.4% from 13.7% on a consecutive-quarter basis, according to Sterne Agee analysts, who have raised their fiscal year 2015 estimate for Home Loan Servicing Solutions.