Servicing

Creditor payments to brokers will count toward the cap in the Consumer Financial Protection Bureau’s qualified mortgage definition.

The Federal Housing Administration is expediting its REO sales via an expanded pilot program with 11 participating servicers.

EverBank has a second jumbo securitization in the works backed by $303 million in 15- and 30-year loans.

Each state has a single source to go to where it can look to check the list of nonfilers and send out form letters that can cause your license to be suspended.

A total of 190,121 housing units in foreclosure or REO were sold in 1Q13, down 18% from the prior quarter and a 22% drop from a year ago.

At least one insider finds the anticipated extension of the Home Affordable Refinance Program “may not be as bad” as expected for the residential mortgage market.

There are now less than $70 billion of commercial mortgage-backed securities loans in special servicing, the lowest number since 2009 and less than 10% of the entire CMBS universe, Fitch Ratings said.

Since Wells Fargo Home Mortgage introduced the Home Rebate CardSM program in 2007 homeowners have used their rewards to automatically pay down $50 million in mortgage principal balances.

Nationstar Mortgage and Nationstar Capital Corp. reported they intend to sell an aggregate principal amount of 6.5% in unsecured senior notes due 2022.