Servicing

As a rule transfers of mortgage servicing rights from one servicer to another do not have a negative impact on mortgage-backed securities ratings, but MSRs still make some insiders nervous.

The recovery in home prices and sale volume continues to be driven in large part by cash buyers and institutional investors.

In an effort to provide a broader range of services, CredAbility and ClearPoint Credit Counseling have agreed to merge by Dec. 31.

RBS Citizens Financial Group has pledged to invest up to $1 billion in funding for affordable housing and community development projects.

In a good real estate market, one with rising prices and willing buyers, foreclosures should nearly be nonexistent.

The platform manages the full range of loan servicing including loan boarding, payment processing and escrow administration for any-size portfolio.

During the recent housing recovery the industry focus switched on operational efficiency and loss mitigation cost management.

Detroit’s struggles during the latest financial crisis and housing meltdown has been an ongoing issue for a long time.

A joint venture comprised of Hudson Realty Capital and Apollo Global Management acquired a $200 million portfolio consisting of nonperforming, commercial real estate loans and REO properties.