Servicing

Fairholme Capital Management owns $2.4 billion in preferred stock of the two government-sponsored enterprises.

A Connecticut real estate attorney and licensed mortgage broker was sentenced to 30 months in prison for his role in a Fairfield County mortgage fraud scheme.

Resolutions that had been contributing to lower late-pays previously dropped sharply during the month.

A New Jersey resident has admitted to conspiring to defraud owners of timeshare properties by offering phony consulting services, including timeshare mortgage servicing.

Fitch Ratings said the nation’s title insurance underwriters strongly capitalized as of the end of 2012.

Industry-driven solutions based on some of the most pressing issues facing real estate valuation today are crucial to the mortgage marketplace today as it adopts to the post-crisis reality.

A federal jury in the Eastern District of California returned guilty verdicts today against two defendants who led a national foreclosure rescue scam.

Loan acquisitions rose 8% from March to $77.3 billion in April and commitments to purchase new loans rose 4% in April to $87.5 billion.

REMN looks to meet the specific needs those institutions have when selling loans on a flow basis.

All but one Mortgage Industry Equity Composite stock closed lower on Friday as the market once again worried about the end of the stimulus might be coming soon.