Servicing

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.

Freddie Mac’s approach to the first HARP refinancing program resulted in faster prepayment speeds on its securitized mortgages compared to Fannie Mae MBS, according to a new report from Amherst Securities Group.

Sabal Financial is getting into the business of lending to homebuilders.

Determining a portfolio’s exact level of risk is particularly challenging due, in part, to the sheer volume of data and information requiring thorough review.

The Department of Housing and Urban Development plans to decrease the New York State Fair Market Rent limits for fiscal year 2013.