Servicing

The multifamily market has benefited from strong demand for apartments and rising rents, but tenants are starting to push back when landlords get too aggressive on prices.

Exploring five unique mortgage lending markets shows that while other countries have unique characteristics, there are also many similarities to the U.S.

Housing inventory remains tight and even the supply of distressed homes has been declining.

Fannie Mae is moving closer to picking an advisor that will guide the government-sponsored enterprise as it moves to unload billions of dollars in nonperforming loans over the next few years.

Overeager investors who bought multiple homes during the housing boom share some of the blame for the market’s eventual crash. Now they are being credited with playing a big part in reversing the downturn.

Mortgage servicing rules will enhance the relationship between servicers and special servicers in the short term.

The government-sponsored enterprises issued new guidelines for short sales, allowing their servicers to complete many transactions without seeking prior approval from the agencies.

Standard & Poor’s warned that the entrance of new and lesser known special servicing firms can overcrowd the market and complicate the servicing process.

Ellington Financial, a specialty finance company that acquires and manages mortgage-related assets, sold 3.5 million shares of common stock.

The Mortgage Industry Advisory Corp. is selling almost $8 billion worth of Government National Mortgage Association servicing rights for an undisclosed client.