Servicing

Mortgage Insurance Cos. of America members saw more than double the number of loans they insured go through the Home Affordable Refinance Program and other refinancing programs for distressed borrowers in 1Q13 over the same period last year.

Carrington Real Estate Services has launched a mobile online resource center that is designed to save real estate agents time.

Freddie Mac purchases of mortgage loans and securities fell 9% from March to $47.3 billion in April.

Lloyds Banking Group plans to auction about $8.7 billion of U.S. mortgage securities without government backing that were issued before the credit crisis.

The rising tide also include competitors CoreLogic and Ellie Mae.

Fidelity National Financial dominates mortgage underwriting. Its former LPS unit is the top mortgage servicer. The question is whether by reuniting two companies that have run out of room to grow separately can prosper together.

JPMorgan has another prime jumbo mortgage-backed securities deal in the pipeline, according to three companies’ presale ratings reports.

Gary Delgado learned last week from a note slipped under his door that the rent for his two-bedroom apartment at Manhattan’s Stuyvesant Town will jump by $920 to $4,220 a month in July.

Ellington Management Group is looking to get into the loan production business and towards that end it has hired former GMAC Mortgage executive Steven Abreu as head of mortgage originations.

Home Loan Servicing Solutions completed an acquisition from Ocwen Financial Corp. of rights to receive servicing fees and other advances on subprime and alt-A residential mortgage loans.