Servicing

Pacific Investment Management Co. and BlackRock are among bond investors seeking a court order blocking Richmond, Calif., and Mortgage Resolution Partners from seizing mortgages through eminent domain.

MetLife said it may face fines amid a government review of foreclosures at its bank unit.

A LendingTree.com survey finds obstacles can impede casual searchers from becoming serious buyers.

Saiyid Naqvi, recently retired as chief executive of PNC Mortgage, has become the newest member of the board of directors of Freddie Mac.

A $402 million Fannie Mae mortgage servicing loan portfolio is up for sale with Prestwick Mortgage Group acting as the exclusive broker.

Don Brinker, homeownership manager for MHDC, said USA Mortgage was rated “highest in volume and best in ongoing thoroughness and quality of submissions.”

Radian Guaranty did $5.29 billion of primary new insurance written in July, its best month ever for flow production.

The latest round of 30-year conventional mortgage-backed securities prepayment speeds were 9% slower than the previous month.

Impac Mortgage Holdings reported second-quarter profits of $1.2 million, compared with a loss of $738,000 in 1Q13 and profits of $4.2 million in 2Q12.