Servicing

Elected officers for the largest professional association of real estate appraisers began their office terms on Jan. 1.

The financial crisis brought with it an onset of unprecedented problems that now serve as the teaching lesson of our strict regulatory environment.

Office property delinquencies fell by over $1 billion, retail dropped by $7 million, multifamily declined by $256 million, industrial fell by $109 million, and lodging dropped by $13 million.

The earnings from the growing share of new business on their books should cancel the losses from the legacy book.

Limited supply, waning affordability and the decline in investor purchases continue to constrain home buying activity in Clark County, Nev.

The low-coupon mortgage servicing rights have a 70%-plus California concentration and a Colorado concentration just under 30%, according to MountainView Servicing Group.

New data indicate a lot of mortgage market share “could be slipping out of the fingers” of lenders who have been sluggish in digitizing their operations.

Insiders find Federal Reserve changes to its so-called quantitative easing policies in 2014 are not enough to ease housing market uncertainty.

So far, the big mortgage servicers have received stellar report cards for their compliance with the $25 billion national settlement. That could change this year as testing gets tougher—potentially costing these companies further embarrassment and penalties.

Janet Yellen, who takes over as chairman of the Federal Reserve if the Senate confirms her in a vote scheduled for next week, will hold significant sway over the direction of the U.S. housing market in 2014.