Servicing

Parkway Properties says 7000 Central Park is a Class A office tower that is expected to generate initial full-year cash net operating income yield of approximately 5%.

The number of homeowners who received a permanent loan modification in the third quarter decreased from the prior quarter. Servicers also finalized fewer short sales.

Lenders facing volume declines are selling mortgage servicing rights to bolster their revenue.

The resolution of the Skyline Portfolio mortgage was nearly half of the improvement for October.

The ratings agency has replaced a government-insured mortgage-backed securities methodology it revised only two years ago implementing updates likely to be further revised in the future

The filing of fraudulent mortgage applications is on the rise. On the surface, it appears as if risk mitigation solutions are not working properly. But vendors and even some lenders disagree.

Mortgage lenders, servicers and banks need to follow how court procedures for admitting evidence are updated when developing technology systems.

Purchasing homes from Zillow has been fueled by huge resets in home prices since market peak, historically low mortgage rates and an improving economy.

Nationstar, Ocwen and Walter Investment picked a tough time to make an aggressive push into mortgage lending, but their efforts could pay off once new mortgage rules kick in.

New and resale houses and condominiums sold statewide in October were up about 1% from the prior month.