Servicing

Servicers have found obtaining liquidity for Fannie Mae, Freddie Mac and Ginnie Mae servicing extremely challenging.

Servicers have found obtaining liquidity for Fannie Mae, Freddie Mac and Ginnie Mae servicing extremely challenging.

Mortgage lender Quicken Loans is “betting big” on the city by entering into a multiyear partnership with the Detroit Lions football team.

The tight inventories of new and existing homes are easing and should be more balanced a year from now.

The recovery rate on securitized commercial mortgage loans that were liquidated during the second quarter suffered a fairly sizeable setback while the overall volume of specially serviced CMBS loans is gradually shrinking.

Performance expectations for peak vintage mortgage loans securitized between 2005 and 2008 are mixed as losses may range from a low of 2.1% to a high of 25.5%.

Liquidations of securitized commercial real estate loans totaled $1.1 billion in August, down by nearly 50% from the prior month.

We're hearing about mortgage servicing problems from both the CFPB and John McDermott.

Stonegate Mortgage Corp., a nonbank mortgage company based in Indianapolis, has opened a new branch in Southlake, Texas.

The North Las Vegas City Council unanimously rejected a plan to use eminent domain to seize underwater mortgages.