Servicing

Housing developers looking for ways to build energy-efficient and culturally relevant housing now have a model for the task.

SunTrust Banks Inc. said it’s in talks with U.S. authorities to settle claims over its handling of loans backed by the Federal Housing Administration.

Fannie Mae and KPMG LLP agreed to pay $153 million to settle an eight-year-old investor class action.

Sabal Financial Group said it helped a client acquire a real estate and land loan portfolio valued at $75 million in unpaid principal balance.

The April Clear Capital Home Data Index shows home price gains in “stark contrast” to the 1.4% home price declines of April 2012.

Fannie Mae is testing a default management tool to make it easier for servicers to provide struggling homeowners with accurate and timely assistance.

Bound by law in two different ways: the expectation to comply with the new mortgage servicing rules and investor demands, mortgage servicers still are navigating through the regulatory changes.

A Las Vegas mortgage agent was sentenced to serve 15 months in prison for participating in a fraud scheme that generated more than $1.2 million in fraudulent mortgage loans.

A number of real estate investment trusts are taking a close look at "securitization 2.0."