Servicing

United Guaranty Corp. says servicers for loans it provides mortgage insurance on where borrowers were affected by Hurricane Isaac will not need prior approval from the MI for implementing forbearance measures.

The average rate for a 30-year fixed rate mortgage fell four basis points during the week ending September 6 to 3.55%, according to new figures compiled by Freddie Mac.

Residential Capital LLC should lose exclusive control of its reorganization once a bankruptcy examiner finishes probing a deal the mortgage company cut with its parent, Ally Financial Inc.

Republicans and Democrats alike are open to the idea of breaking up the megabanks -- but when push comes to shove will they have the political will?

Two nonbanks had the fastest servicing growth rates in the second quarter: Nationstar at 194%, and Provident Funding with 35%.

The nation’s top ranked servicers completed 66,000 proprietary loan modifications in July, a 40% jump from June -- evidence that the Attorneys General 'robo' settlement is having an effect.

The government-sponsored enterprises and compliance regulations have always driven market changes.

Examining the arguments, both pro and con regarding advising consumers to refinance right now.

There was a drop of 10 basis points during July in the aggregate value of the commercial real estate loans priced by DebtX, Boston, used as collateral for securities.

Standard & Poor’s Corp. said it could change up to 744 U.S. and Canadian commercial mortgage-backed securities ratings.