Servicing

Approximately 57% of all commercial mortgage-backed securities reaching their balloon date in March paid off as scheduled.

New cures outpaced new notices of default at Mortgage Guaranty Insurance Corp. by 3,268 loans.

Safeguard Properties is making it easier to conduct business in the South as the company has opened a new office in Richardson, Texas.

As investors continue their interest in buying single-family housing units as rentals, it may not always make sense to acquire housing units in certain markets.

ProVest, a legal services firm that manages the delivery of documents for foreclosure proceedings, has expanded its operations in the Midwest region.

The average rate for a 30-year fixed rate mortgage in Freddie Mac’s weekly survey dropped three basis points to 3.54% during the week ending April 4.

California’s housing counselors find the nation’s largest banks already are failing to comply with the National Mortgage Settlement and the state’s Homeowners Bill of Rights.

There is one provider of lender-placed insurance products which said the recent Federal Housing Finance Agency notice on the topic did not go far enough.

MBIA Insurance Corp. received a favorable ruling from the New York Appellate Court, First Department, against Bank of America Corp. and Countrywide Home Loans.

CoreLogic said in its monthly Home Price Index that home values escalated by 10.2% in February compared to a year ago.