Servicing

The properties acquired due to this scam went into foreclosure and resulted in significant losses to the lenders.

Fannie Mae has made significant progress in reviewing its legacy loans for possible repurchase requests and it expects to complete that review by the end of this year.

Inlanta Mortgage has obtained its approval from Fannie Mae as a seller/servicer to the government-sponsored agency.

Losses on soured debt linked to a California shopping center that was foreclosed on more than three years ago surpassed 100%.

Prior to the expansion, only 156 U.S. counties were able to utilize this solution.

Ocwen and Nationstar, the nation’s top independent owners of mortgage servicing rights who share the same aggressive MSR purchase growth strategy, approach nonagency risk differently.

All four of the publicly traded, legacy private mortgage insurance companies saw their stock price closer lower on Monday.

The former executive director of a New Mexico Housing Authority and her husband each pleaded guilty to one count of conspiracy charges to commit theft from programs receiving federal funds and theft of government property.

We're hearing that after some rough sledding the last few years, mortgage servicing is once again contributing to the profitability of the nation’s biggest lenders.

Approximately, 64% of the bonds are expected to recover 50%-100% of their current outstanding balance, while 24% are expected to have a 0% recovery rate.