Servicing

We're hearing some people will tell you that there is plenty to fear in the modern mortgage lending business.

Prior to 2012 the scale of institutional involvement in acquiring single-family homes for the purpose of “rent and hold” was small to almost nonexistent. Things have certainly changed.

CO-OP Financial Services has lauched a new suite of mortgage offerings in partnership with LenderLive Network.

As foreclosures fall in many counties across the country through the end of April, home sales and prices are rising.

One trade group that understands the importance of developing technologies and strategies to protect mortgage lenders’ reputation from negative social media posts is the Independent Community Bankers Association of America.

Court delays and subsequent foreclosure proceeding backlogs, often referred to as the “shadow docket,” have become a major burden on both homeowners and the judicial system.

Fitch said PHH has more-than-sufficient cushion to meet upcoming debt maturities in 2014 and 2016.

The estimated price of whole loans backing commercial mortgage-backed securities rose 60 basis points between the end of April and the end of March.

Independent mortgage banks seeking to expand their servicing portfolios may find a new source of funding and private equity capital through Steadfast Capital.

With this acquisition, Wingspan expands the size of its company to approximately 2,000 employees.