Servicing

The former corporate headquarters of Peregrine Financial Group, which was being held by a federal receiver, has been sold by GA Keen Realty Advisors.

QuestSoft has designed an all-in-one mortgage compliance software that is compatible with the most popular loan origination systems.

Veros Real Estate Solutions has updated its proprietary Pathway system to enable users to comply with the new appraisal data reporting rules required by the government-sponsored enterprises.

There was almost an even amount of cured loans and new notices of default in the Mortgage Guaranty Insurance Corp. delinquent loan inventory for May.

Despite home price increases taking place in many real estate markets this year, potential sellers are still reluctant to list their properties for sale, therefore creating tight inventories for prospective buyers.

Caliber Funding LLC, an originator which is also owned by Lone Star, and Vericrest Financial are being merged into a single operating entity.

Sen. Elizabeth Warren is taking the Federal Housing Finance Agency to task, criticizing the conservator of Fannie Mae and Freddie Mac for opposing short sale deals designed to keep original borrowers in their homes.

The American Bankers Association and Independent Community Bankers of America are urging the GSE regulator to block Freddie Mac from imposing a $7,500 annual fee on community banks that are low volume seller/services.

The members of the Mortgage Industry Equity Composite saw a more muted version of that enthusiasm, as 11 of the 17 stocks closed up.

In today’s competitive environment, efficiency is everything. In short, the days of paper-based processes are quickly coming to an end.