Servicing

The Department of Housing and Urban Development recently announced that it would shut down the fixed-rate Standard Home Equity Conversion Mortgage product by Jan. 31 due to losses caused by technical defaults.

Hedge funds and private-equity firms are betting on delinquent home loans being sold by the Federal Housing Administration.

Up to 55% of the economists, real estate experts, investors and market strategists participating in a survey find 2013 home prices would not be negatively affected by potential mortgage interest deduction reductions.

Builder Lennar Corp.’s Rialto Capital subsidiary has completed the first closing of its second real estate investment fund.

Finding good strategic partners and vendors by mortgage lenders is not just sound business strategy anymore but the law.

Wall Street banks are offering warehouse lines to fund investors that are gathering large portfolios of single-family rental properties to begin the process of a securitization.

Trailing docs can be particularly painful when lenders try to foreclose upon a mortgage default.

Mortgages performed better in the third quarter than a year ago but quality has tapered off since the second quarter.

Homeowners who buy into certain myths can actually impair their ability to save, or at least remain longer, in their homes.

Florida investor properties are over three times as risky for employment/income fraud as compared to owner occupied properties.