Servicing

A new study reaffirms and quantifies the long-term effect of prepurchase housing education.

As the housing market heads into the busy spring selling season, signs are not looking good for prospective buyers looking to purchase a new home.

MGIC Investment Corp. priced its 135 million share common stock offering at $5.15 per share.

Vericrest Financial appointed Joe Anderson chairman and chief executive officer, effective immediately.

The average rate for the 30-year fixed-rate mortgage in Freddie Mac’s latest survey rose by just one basis point to 3.52%.

Walker & Dunlop reported fourth-quarter net earnings of $11.5 million and full-year net income of $33.8 million.

Thirty-year conventional prepayment speeds have declined by 11% in the most recent month, according to Credit Suisse.

Significant differences remain between judicial and nonjudicial states such as the amount of time it takes to clear default loans.

A pair of mortgage origination firms are opening new loan production offices in the north Dallas area, a region which has been associated with the servicing business.

Rating actions taken by Moody's Investors Service on tranches issued by RASC in 2005 and valued at $1 billion in vintage loans indicate overall improvement in performance.