Servicing

Sabal Financial Group is expanding its commercial mortgage-backed securities business with the launch of a transaction support services division called Sabal Commercial Advisors.

Ocwen Financial Corp. produced record revenue in the first quarter of 2013 as well as a year-over-year increase in overall net income.

PHH Corp. reported lower earnings from its mortgage production business for the first quarter as it expanded its retail lending activities.

Average fixed mortgage rates moved lower for the fifth consecutive week in Freddie Mac’s survey.

A good 70% of all GSE Home Affordable Modification Program modifications would involve a principal reduction, according to the Congressional Budget Office.

Especially markets hit hardest by the housing crisis are the most attractive options for REO-to-rental investors. But how can servicers and investors identify which markets will achieve the greatest ROI?

All 17 members of the Mortgage Industry Equity Composite closed lower on Wednesday compared with the previous day as the Dow Jones Industrial Average plummeted 139 points.

The Securities Industry and Financial Markets Association recent held a meeting on “The Future of Global Capital Requirements,” noting that one of the “main themes of industry response” to rulemaking in this area so far has been that generally “the proposals would result in much higher capital requirements” for most positions.

In the latest National Real Estate Post video, Frank and Brian talk about how the times have changed compared to 20 years ago.

Findings from the inaugural TD Bank Mortgage Service Index show that compared to the general population lenders have failed to provide a satisfying homeownership experience to 43% of Hispanics.