Servicing

New Penn Financial, a fast-growing lender with ties to MBS co-inventor Lew Ranieri, hired Brian Simon as its new chief operating officer.

Wouldn’t it be great to have a fail-proof guide on how to avoid mortgage buybacks?

Banks and service providers have stepped up their communication efforts in order to “bridge the gap” that currently exists during loss mitigation.

The government insurance program so far is seeing a decline in market share, as planned.

TenantAccess and PropertyAccess have joined FirstService Residential Realty and will operate using the latter’s name.

It’s been almost nine months since insurance conglomerate MetLife pulled the plug on its mortgage banking operation with the company offering little in the way of insight about its residential servicing portfolio.

The state of New York announced plans to award $20 million from the national mortgage settlement to more than 90 legal services organizations and housing counseling agencies around the state.

Risk management technology and services providers believe data accrual and analytics can help lenders get a heads-up before a mortgage boom turns into a mountain of bad loans.

Former JPMorgan Chase mortgage executive Steven Rotella lands at mortgage servicer Vericrest in an advisory role.

Home prices increased 1.2% in July, compared to the same month last year, but tight mortgage underwriting standards continue to be a main concern.