Servicing

We're hearing that an Oregon pilot program might be the model the Treasury Department has been looking for to refinance borrowers who are trapped in underwater private-label loans.

The Orion Financial Group has partnered with Lenders Title Solutions to introduce a one-stop platform that streamlines settlement services for small- to medium-size investors.

The downgrades are due primarily to higher expected realized and anticipated losses from specially serviced and troubled loans.

MRG Document Technologies has developed legal compliance technology support software that addresses today’s “ever more complex” mortgage servicing policies and procedures.

Delinquencies on U.S. commercial real estate loan collateralized debt obligations fell for the second consecutive month.

In appropriate cases the Consumer Financial Protection Bureau plans to continue its Big Brother approach to customer-disputed loss mitigation cases subject to mortgage servicing transfers.

A record number of consumers utilized MortgageKeeper Referral Servicers’ database in January.

Banks will unload big volumes of distressed loans this year, the head of PennyMac predicts.

Interactive Mortgage Analytics hired Greg Beers as a senior vice president.

Even as home prices have begun to increase throughout the country and it appears the housing industry is in a recovery mode, there is still reluctance among many individuals to make long-term investments into buying a home.