Servicing

Michael Deery does a lot of writing, both for traditional and social media outlets, and is successful in attracting customers.

The Federal Housing Administration is holding another Neighborhood Stabilizing Outcome sale in November.

Claims on FHA-insured loans hit a record $8.2 billion in the third quarter of FY 2013 (ending June 30) as the Federal Housing Administration increased its sales of REO and nonperforming loans.

Lender Processing Services said home prices continue to rise at a moderate pace since the beginning of the year, as values increased from May to June by 1.2%.

More than half of the companies in the Mortgage Industry Equity Composite saw an uneventful trading day on Friday except for Kaufman & Broad.

Today, more people are using real estate agents than they did 10 years ago.

Property analytics experts now offer neighbor valuations for 12,939 ZIP codes compared to the prior amount of 11,408.

According to the National Association for the Advancement of Colored People, “the Corker-Warner bill is a threat” to the American middle-class regardless of race.

Analysts find fewer short sales and more loan modifications have contributed to a steady decline in distressed inventory nationwide while the liquidation rate has slowed down even further.

The bid date for the Federal Housing Administration’s next note sale of nonperforming loans is tentatively scheduled for mid-October.