Servicing

Rising home prices are building up the pressure on undecided homebuyers who are considering homeownership before it is too late.

The default legal services firm Clunk, Hoose & Associates announced that it has opened a new office to serve clients in the South Florida market.

Home Loan Servicing Solutions reported net income of $24.8 million in the first quarter.

The New York Department of Financial Services has entered into a second settlement with an insurer over force-placed underwriting practices.

Ally Bank has completed the sales of $115 billion in unpaid principal balance of agency mortgage servicing rights to Ocwen Financial and Quicken Loans.

Private investment firm Starwood Capital Group successfully closed its latest global fund, Starwood Distressed Opportunity Fund IX.

Fees from residential refinancings propelled Sandy Spring Bancorp in the first quarter.

Edward DeMarco, who has served as acting director of the Federal Housing Finance Agency since 2009, is scheduled today to update a Senate panel on the FHFA’s oversight of Fannie Mae and Freddie Mac.

Weekly averages for fixed-rate mortgages declined for the third week in a row in Freddie Mac’s survey.