Servicing

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.

Carrington Property Services and LendingXpress have joined forces to help community banks and credit unions manage bank-owned assets within their portfolios.

Starting in July, Freddie Mac will make it easier for distressed borrowers who are having trouble meeting their monthly mortgage payments obtain a loan modification.

Freddie Mac purchased nearly $43 billion in mortgage loans and securities in February, down fractionally from January.

At least one insider sees no return to a normal level of mortgage litigation for the foreseeable future.

The National Crime Prevention Council is hosting a virtual conference on how consumers, lenders and servicers can prevent mortgage fraud from occurring.