Servicing

Demand for units adjusted down for the first time in several years, according to a multifamily housing survey.

Home prices are up year-over-year. This has made sales more profitable, but costs related to the time it takes to get distressed loans to market are mounting.

The company reports earnings of $36 million in the third quarter, as a $13 million pretax charge helps to reduce results by 38%.

The new organization aims to help mortgage lenders improve their business practices through collective strength.

GRFConnex is a short sale and deed-in-lieu processing system that helps mortgage businesses remain in compliance.

Servicers must change their conduct to fit the times and regulatory environment, and some of the largest have done that.

Servicers continue to play close attention to regulation implemented in response to the unprecedented circumstances surrounding the mortgage industry since 2007.

Next year the industry is going to be paying close attention to new rules because of the changing regulatory landscape.

The trader’s performing and nonperforming loan prices increased in August, but the same could not be said for CMBS loans.

FORMFREE specializes in technology that enables lenders to determine whether borrowers can pay back loans in compliance with regulations effective in January 2014.