Servicing

Although Fitch has been worried about loosening underwriting standards in the commercial mortgage-backed securities market, it finds that so far delinquencies for CMBS 2.0 “remain virtually nonexistent.”

Fitch Ratings has raised its ratings outlook on Genworth Life Insurance Co. to stable with a key rating driver being the improve performance of the U.S. mortgage insurance business.

The Chicago office towers One & Two Prudential Plaza have received a hope note modification made possible by a $75 million new equity investment.

Lawmakers have not lifted a finger to give the Federal Housing Administration the authority to regulate its Home Equity Conversion Mortgage program via mortgagee letters.

Wells Fargo will provide $27 million to National Fair Housing Alliance members to promote home sales and neighborhood stabilization.

The Mortgage Bankers Association nominated Bill Emerson to be its vice chair for the 2014 membership year.

According to the Appraisal Institute, the Sensible Accounting to Value Energy Act of 2013 will ultimately help improve the mortgage underwriting process.

The Consumer Financial Protection Bureau's mandatory exam procedures aim “to appraise the quality of the financial institution's compliance management system…”

Walter Investment Management Corp. has filed an 8-K with the Securities and Exchange Commission saying it will be restating the historical financial information of Reverse Mortgage Solutions Inc.

Prospective homebuyers and real estate investors who are having difficulty purchasing a property due to a lack of available inventory still have another option to choose from: fixer-uppers.