Servicing

Jewel Hinkles of Los Angeles pleaded guilty this week to bankruptcy fraud in connection with a foreclosure rescue scheme she ran.

Due to geographic concentration risks it would have required between 9%-10% AAA credit enhancement rather than 7.6%

ViewIQ's new platform automates the REO asset management process for financial institutions so they can analyze and market bank-owned properties more quickly, accurately, and at less cost.

Since Wells Fargo Housing Foundation partnered with Habitat for Humanity the megabank has invested more than $278 million in support of affordable housing and community revitalization programs.

Volatile interest rates have been pressuring down mortgage REIT portfolio values leading to historically low quarter earnings not likely to improve until 2014.

Global DMS said its valuation management software has been integrated with DataQuick’s collateral validation analytics solution.

Even though MGIC Investment Corp. and Radian reported strong June numbers, they were the biggest losers on a percentage basis of the Mortgage Industry Equity Composite stocks on Tuesday.

Wells Fargo plans to issue a $1.4 billion conduit transaction called Wells Fargo Commercial Mortgage Trust 2013-LC12.

As a member of RealtyTrac Network, Laffey Fine Homes will have access to RealtyTrac’s data sets.

Lender Processing Services hired Vicki Vidal to strengthen its servicing solutions team.