Servicing

Both Fannie Mae and Freddie Mac will suspend evictions nationwide on foreclosed single-family homes and multi-family properties during the upcoming holiday season.

Talent, location and good weather brings Specialized Loan Servicing, an independent third-party servicer based in Highlands Ranch, Colo., to open shop in Tempe, Ariz.

Oftentimes, appraisers don't feel like reviews are processed by qualified real estate property valuation professionals.

Most mortgages are being denied because of collateral-related issues and debt-to-income requirements.

Nationally, there were 58,000 completed foreclosures during October, down from 77,000 the prior month and 70,000 a year ago.

The members of the Mortgage Insurance Cos. of America had their best month of the year in October, with volume approaching $11.5 billion.

A Florida judge has rejected one of CitiMortgage’s motions to dismiss legal complaints by a borrower related to force-placed insurance coverage.

Kevin Coop has joined ServiceLink as executive vice president of enterprise strategy.

US Residential Asset Fund has been implemented to focus on purchasing distressed properties for the single-family rental market.

Prospect Mortgage has been hiring some heavy hitters of late, causing tongues to wag.