Servicing

Instead of renewing an exclusivity clause with NextJob, Fifth Third has agreed to make NextJob’s Homeowner Reemployment program available to all financial institutions.

Genworth Financial is selling its wealth management business to the Aquiline Capital Partners-Genstar Capital partnership.

CampusMBA has restructured its School of Mortgage Servicing courses introducing a more updated and cost-effective online format.

Servicers completed 54,000 foreclosures in February, down 7% from January and down 19% from a year ago.

In its first-ever U.S. foreclosure inventory analysis, RealtyTrac said nearly 1.5 million properties were actively in the foreclosure process or bank-owned in the first quarter of 2013.

Housing markets hit hardest by the most recent financial downturn are experiencing a quicker pricing recovery than the rest of the country.

History has demonstrated that mankind was only able to evolve and advance by developing the ability to communicate with others, to work together to achieve common goals to the benefit of all.

It’s a good time to be a special servicer.

The Office of the Comptroller of the Currency reported a significant reduction in the number of foreclosure starts in the fourth quarter by the major banks it supervises.

Home price appreciation patterns across the country continue to support incessant housing market improvement expectations during 2013.