Servicing

An increasing number of wealthy Eastern European homebuyers are looking for crisis-induced U.S. real estate opportunities.

Boston’s real estate market is seeing a boom in construction as developers financed with cheap debt seek to profit from a growing workforce of educated young adults.

Late last month, Joseph A. Smith Jr., the independent monitor of the national mortgage settlement, issued his third progress report.

Ally Bank has reached an agreement to sell a portfolio of more than $85 billion in agency mortgage servicing rights to Ocwen Financial Corp. for roughly $585 million.

It is a sign of both the tough economy and the changing regulatory environment for mortgage servicers that they are upgrading the technologies they use to manage mortgage defaults.

VantageScore Solutions has reconstructed its credit scoring model both to aid lender implementation and consumer understanding.

Real estate information provider DataQuick has introduced a new set of portfolio analytics.

Prime borrowers whose loans are making up the small number of private mortgage-backed securities pools issued since the start of 2010 are prepaying at rapid rates.

An affiliate of Oaktree Capital Management has acquired, in partnership with National Financial Realty, a 40-building office property portfolio for $240 million from First States Investors.