Servicing

Over the last year to 18 months, some people have been of the opinion that REO-to-rental signifies a trade, not necessarily a long term business model.

Rapid home value appreciation, particularly in California, is currently having a very positive effect on the Zillow Market Health Index score.

The proceeds are to be used to purchase servicing rights and general corporate purposes.

Despite signs of retraction there still is hope for a consistent albeit slow housing market recovery in 2014, TransUnion analysts say.

The annual suspension will run from Dec. 18 through Jan. 3.

Earl Gross withheld over $8 million in loan payoffs that were due to Wells Fargo.

The terminations involve workers in the default servicing area and in loan originations.

Subservicing volumes have surged by almost 40% in the past year as servicing compliance demand has increased.

Single-family rental securitization prospects look brighter to supporters who find the REO-to-rental trend has evolved enough to bode well for a new wave in 2014, but analysts warn of unique new investor risks.

The plan resolves more than $100 billion in potential lawsuits.