Servicing

The Bank of the Ozarks will be opening a commercial real estate loan production office in New York.

Home Loan Servicing Solutions and HLSS Management have entered into a senior secured term loan facility agreement with JPMorgan Chase Bank.

There has not been a great deal of buzz surrounding the CFPB complaint database thus far, but servicers could gain valuable perspective simply by understanding the process.

The Federal Housing Administration has quietly extended its special forbearance program.

Ballard Spahr’s long-term expansion goals have now led to the creation of Ballard Spahr Stillman & Friedman in New York.

The employment contract of L. Stephen Smith as chief executive, president and chief operating officer of The PMI Group Inc. expired on June 30 and was not renewed.

The Federal Reserve Board has ditched a stringent and complex Basel III risk-based capital rule for residential mortgages and decided to leave the current risk weights in place for all banks.

Stonegate Mortgage Corp. plans to conduct a registered initial public offering of its common stock.

Matt Gutauskas, who was part of the Independence/Sovereign team that came over with Honstedt, is the new managing director.

A combination of improving payment behavior and decreasing delinquencies have brought some stability to the mortgage market, according to Equifax.