Servicing

Was Berkshire Hathaway faking an interest in Residential Capital Corporation?

Former Total Mortgage Services wholesale manager Domenic Melillo has joined National Mortgage Insurance, a new MI firm.

An EquityLock Protection contract protects the value of a customer’s home from future local market declines for up to 15 years.

Bank of America is continuing to unload large chunks of its mortgage servicing portfolio.

Rep. John Campbell, R-Calif., introduced a bill that would cut off a community’s access to government-backed loans if local officials invoke eminent domain to seize mortgages.

Almost four in 10 active investors said they plan to increase their purchases of residential investment properties, while 26% said they would keep their activity level the same.

Who's on the Fannie/Freddie 'High Risk' watch list? Well, we can guess who isn't on it.

For the week ending Sept. 20, 30-year fixed-rate mortgages fell six basis points to 3.49%, matching the record low, while 15-year FRMs declined eight basis points to 2.77%, setting a new record low.

Fannie Mae Chief Economist Doug Duncan explains the impact of the eurozone crisis on the mortgage industry.

In late October $365 billion of mortgage servicing rights belonging to Residential Capital Corp. will be auctioned off to the highest bidder.