Servicing

William Pulte says the only way to truly save Detroit and get the housing market functioning properly again is to destroy large swaths of the city as quickly as possible.

Standard Pacific Mortgage Inc. is looking to sell $70 million per month of Fannie Mae and Ginnie Mae flow mortgage servicing rights.

Fixed mortgage rate averages in Freddie Mac’s weekly survey have been rising, but they were below year ago rates until now.

The Obama administration has extended its signature loan modification program for two years to help more families avoid foreclosure.

National Center for Policy Analysis senior fellow Pamela Villarreal, who authored the study, calls reverse mortgages complicated and expensive.

Retail originators and mortgage brokers won’t have to count the compensation they pay their loan officers towards the 3% points and fee cap, according to the Consumer Financial Protection Bureau.

Fears resurface that the Federal Reserve will end the stimulus program sooner rather than later.

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.