Servicing

Morrison & Foerster expanded its real estate finance practice by adding Stephen Cox of Hypothekenbank Frankfurt AG.

The Mortgage Bankers Association has teamed up with AllRegs to create an index that measures the supply of mortgage credit at the outer boundaries of the spectrum.

Both delinquency and foreclosure rates hit new post-housing crisis lows through the end of May, according to Lender Processing Services.

Demand for valuation analytics lead LoanLogics and Platinum Data Solutions into a partnership that links loan performance reporting to collateral valuation technology.

With delinquency rates declining and an increased number of loan modifications and refinances taking place nationwide, one of the burning questions for Realtors who specialize in selling bank-owned homes is whether it is the end of REO properties?

It can seem like you are understaffed one minute and overstaffed the next, all the while spending valuable time and resources finding the best and most knowledgeable people.

The Federal Housing Administration has updated its guidance for its long-running REO sales program that provides incentives for policeman, firefighters and teachers to purchase FHA-owned homes in designated revitalization areas.

Homes.com adds all top 100 markets have a year-over-year price increase as well.

The Arizona receivership court has approved Arch Capital Group’s proposed acquisition of CMG Mortgage Insurance Co. from current owners PMI Mortgage Insurance Co. and CUNA Mutual.

Bank of America Corp. told Texas regulators it will cut 411 jobs from a unit servicing troubled mortgages.