Servicing

Third-quarter earnings at Taylor Capital Group more than doubled to $15 million from last year as mortgage banking revenue continued to soar.

The asset value of mortgage servicing rights are rapidly being reduced by some of the largest players in the servicing business.

The latest roundup of regulatory changes and mortgage fraud news.

The Mortgage Bankers Association asked banking regulators to scrap their Basel III proposal because it would hurt lending and servicing markets as well as consumers.

The Inspector General of the Federal Housing Finance Agency in a new report says Fannie Mae and Freddie Mac have different strategies for going after strategic defaulters.

Walter Investment Management Corp. priced a 6 million share public offering of its common stock at $42 per share.

Commercial mortgage-backed securities have more risk than last year as landlords need to repay maturing debt and vacancies remain elevated.

In the first five months since the national mortgage settlement was approved, Bank of America has completed more than $4.75 billion in principal reduction offers on first mortgages.

The average rate for a 30-year fixed-rate mortgage in Freddie Mac’s latest weekly survey dropped two basis points to 3.37%.

The nation's seventh largest mortgage banker is handing out stock grants to four of its top executives.