Servicing

The price of single-family homes in San Diego County was at $418,500 in December 2012, up nearly 18% compared to the same month in 2011.

A “builder bailout” real estate scheme where more than 100 condominium units with mortgages that defaulted, resulting in foreclosures and substantial losses for lenders, has been stopped.

HFF Inc. said the 2012 transaction volume of all of its operating partnerships exceeds $41 billion on more than 1,300 transactions across its capital market platforms.

California cities may use $1,000 daily fines to fight neighborhood blight and put locals to work.And it is not a legal loophole.

The U.S. Department of Housing and Urban Development is keeping servicers of first-lien government insured loans on multifamily unit properties on a shorter leash.

DebtX has signed a new five-year agreement with the Federal Deposit Insurance Corp. to sell assets held as receivership in the U.S. government corporation’s portfolio.

Like many other small business owners who survived the fiscal cliff fiasco, many small shops in the mortgage market are bracing for yet another government-induced crisis as early as mid-February when our national debt hits its ceiling.

There was an 18 basis point decline in commercial mortgage-backed security loan delinquency rates in December over November.

Some attorneys who prey on vulnerable homeowners in need of a modification are in for a surprise from outraged peers who are trying to make these alleged fraudsters pay back for being a disgrace to their profession.

State Sen. Ron Calderon (D-Montebello) introduced a bill to protect hundreds of thousands of distressed Californians who are underwater on their mortgages from an unjust state tax.