Servicing

Inlanta Mortgage bills itself as a fast-growing company within the context of the Milwaukee area, but when it came to getting its recent Fannie Mae seller-servicer approval the company was more meticulous than hurried.

The Mortgage Bankers Association is applauding regulators’ efforts to align the Qualified Mortgage and Qualified Residential Mortgage definitions while incorporating feedback from both the industry and customer advocacy groups into the new risk retention rule.

Responding to reports that mortgage lenders and servicers are accepting insurance tracking services from unaffiliated insurance producers, the New York Department of Financial Services is warning all parties involved that this practice is illegal in New York.

We're hearing that the full-fledged recovery in the closely watched metropolitan Phoenix housing market shows no signs of abating.

The concern is that vendors are overbilling borrowers and servicers are not properly monitoring the vendors.

At least in Florida some are seeing a surprise benefit from new regulations—growth in the mortgage broker industry.

Mortech has added new day-to-day lending process functionality to its Marksman software.

The New York attorney general has filed a lawsuit against real estate mogul Donald Trump, Trump University and its former president for engaging “in persistent fraudulent, illegal and deceptive conduct.”

Fannie Mae has added Ocwen Financial Corp. and PNC Financial Services Group onto its list of top servicing shops.

The court issued a memorandum that clarifies the proposal is based on the suggestion of a number of stakeholders involved in mortgage foreclosure cases.