Servicing

With new outsourcers appearing every day, it is time to revisit the dos and don’ts of vendor selection and management.

Fitch Ratings has downgraded the U.S. residential servicer ratings for IndyMac Mortgage Services and placed its portfolio on Rating Watch Negative.

Gains in the two desert cities Las Vegas and Phoenix are the biggest since the height of the real estate boom, just before their plunge to the bottom of the national housing collapse.

Waterstone Mortgage Corp., Pewaukee, Wis., has been approved by Ginnie Mae as a mortgage-backed securities issuer.

In July, year-over-year home prices increased by 6%, which represents the 14th straight month of annual appreciation.

The rebuilding strategy includes specific assistance guidelines for homeowners that will serve as a model for U.S. communities facing extreme weather devastation and post-disaster recovery challenges.

We're hearing technology may be key to helping property inspection and maintenance professionals manage foreclosed homes while keeping up with changing regulations and investor requirements.

Applications for adjustable-rate loans now make up 6% of mortgage loan requests, up from 3% at the beginning of the year, though still well below the 32% peak in 2004.

The Voice of Reason has posted the borrower has noticed that the lender/servicer has misspelled the property address on the monthly statement and on the warranty deed.

National MI has completed a system integration with Fiserv’s LoanServ platform.