Servicing

One company sold a package of fixed-rate and agency-backed MBS. It then parked the proceeds into variable-rate mortgage securities.

Inherent market risks are not stopping real estate owners from choosing to operate as niche real estate investment trusts, according to Fitch Ratings.

Once a real estate agent gets a short sale offer on a Fannie Mae REO property, the GSE wants to see a copy right away to help expedite processing.

The Dow falls under 15,000 and most mortgage stocks close lower as well.

Fannie Mae’s SMDU is a technology platform that provides servicers with real-time decisions on mortgage loan modifications and other solutions for homeowners with payment challenges.

Massachusetts foreclosure activity through April remained at levels dramatically lower than those recorded last year.

First Guaranty Mortgage Corp. has created a division in its third-party originator group to focus on producing Department of Agriculture Rural Housing program mortgages.

We're hearing that some folks enjoy my creative use of metaphors in my weekly columns, which at least proves that some mortgage bankers have a sense of humor even as times get tough.

The Federal Housing Administration is currently reviewing all single-family loans that default during the first 24 months.

Envoy Mortgage, currently engaged in enhancing and restructuring its mortgage banking capabilities, is choosing in-house servicing over subservicing.