Servicing

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.

With house prices climbing at the fastest pace in seven years and investors swamping the rental market, one hedge fund manager says it no longer makes sense to be a buyer.

In April, CoreLogic said 52,000 foreclosures were completed nationwide, down 10,000, or 16%, from a year ago.

The Federal Housing Administration took a 74% loss in the first major test of its expanded distressed note sale program last September.

Kroll Bond Rating Agency has released a presale report on a $1.4 billion commercial mortgage-backed securities deal in which some large split loans are or will be shared with other securitizations.

Prudential Mortgage Capital is the lender on a Manhattan apartment building deal.

New York Mortgage Trust plans to make a public offering of shares of its Series B cumulative redeemable preferred stock on the Nasdaq capital market.

LPS rises above the acquisition price and Fannie Mae closes above $4 per share.