Servicing

The publicly traded real estate investment trust Pebblebrook Hotel Trust has acquired the full-service upscale Redbury Hotel located in Hollywood, Calif. for $34 million.

Equifax has integrated its Point in Time and Spectrum Verification Service tools into its retro income verification platform designed to enable users to reduce mortgage loan repurchase requests.

Davis + Henderson Corp.'s acquisition of Harland Financial Solutions is a "big deal," simply because it involves so many credit unions using products supplied by the two companies.

Mortgage Harmony Corp. said its new product is now making adjustable-rate mortgages attractive again.

Interactive Mortgage Advisors as an exclusive broker for an unnamed seller is offering another package of bulk Fannie Mae mortgage servicing rights.

The mortgage technology company had the largest percentage loss among Mortgage Industry Equity Composite stocks.

Refinancings have fallen off the cliff and the mortgage industry is bracing for a decline in originations.

Following its aggressive mortgage servicing portfolio expansion, Walter Investment Management Corp.’s drastic $142.8 million annual net income increase in the second quarter was not much of a surprise.

We're hearing there is a growing consensus that Fannie Mae and Freddie Mac should be wound down and replaced with a new system that relies more on private capital than government guarantees.

Farmer Mac reported GAAP net income of $27.7 million for the second quarter, reversing a loss of $4.3 million for the same period in 2012.