Servicing

Some policies only allow a one-year window to challenge claims decisions after an event has occurred.

Recent improvements in lending technology are having a strong impact on loss mitigation practices for lenders.

Ben Anderson produced $180 million in mortgages last year, according to Origination News.

The agency prepares to sell MSRs left over from a 2009 failure.

Efforts to adjust to new market demands and comply with a heavily regulated mortgage lending marketplace involve anything from massive layoffs to speeding up loan processing automation.

The 30-day late payment rate dropped 16 basis points during the month as $1 billion of loans were disposed.

The bank plans to sell private-investor MSRs with unpaid principal balance of $13 billion to Walter subsidiary Green Tree Servicing.

Chase is transferring three bank-owned properties a day to housing and community revitalization groups.

The month typically sees fewer loans originated as the home buying season ends.

Lenders seized or sold at auction 51,000 housing units nationwide in September, down from 84,000 last year.