Servicing

Lender-placed insurance use continues as loan performance improves a bit, the market evolves and the coverage continues to weather compliance challenges.

Mortgage Grapevine regular Sfranny lives near a property which has been vacant for 19 months.

A distressed $410 million loan on One & Two Prudential Plaza is facing an appraisal-related downgrade that implies additional losses.

A joint survey conducted by the Department of Housing and Urban Development and Census Bureau found that approximately 20% of American households live in multifamily rental buildings.

Fannie Mae priced its third multifamily DUS REMIC for 2013, a $904.3 million deal that is the first of its kind to include 10-year pools with seven years of yield maintenance.

Foreclosure protesters interrupted Wells Fargo CEO John Stumpf at a banking conference.

Paul Tomko has chutzpah for committing mortgage fraud while working as an FBI informant.

Housing experts are warning legislators about the unintended consequences of a narrow qualified residential mortgage definition.

January data confirm that proprietary mortgage loan modifications continue to be more affordable than Home Affordable Modification Program options.

Lack of emergency savings makes borrowers three times more likely than households with such resources to pay late, and twice as likely to face a foreclosure.