Servicing

Effective April 1, insurance premiums on FHA loans will go up challenging borrowers and lenders to choose between federally insured loans and private insurance options.

The California attorney general has provided the National Housing Law Center a $1 million grant to spread the word about a new mortgage servicing law.

As Max Valdes retires after 25 years with the company, First American Financial Corp. is replacing him with Mark Seaton.

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.