Servicing

Triad Guaranty's deficit-in-assets, the difference between policyholder obligations (both current and future) and the ability to pay them, is now $771 million, up $33 million from the first quarter.

Private equity money has been sniffing around mortgage servicing rights for about two years as well, but with not much to show for it.

Addressing Chicago’s distressed housing through eminent domain could hurt the market more than help it as it may harm homebuyers' ability to obtain credit.

• CFPB Disclosure Redesign • Product and Investor Data • International Mortgage Tech • Universal Lending Systems

Key components of a quality assurance program include reviews of the work contractors complete, collecting outside data, analyzing results, and adjusting practices on those results.

Turns out that Florida regulator Kevin McCarty had an insurance policy force-placed on his condominium several years ago because of what he describes as a paperwork snafu. It took more than a year to correct the problem and get his money refunded, he says.

Cole Taylor Mortgage executed on its diversification strategy in the second quarter by adding seven branches from another lender, plus by buying mortgage servicing rights.

Breakwater successfully negotiated with the lender to reduce the loan payoff and provided the loan guarantees necessary to secure new long-term financing at a 5% interest rate.

The CFPB is working on a real estate issue that gets to the core of its purpose: transparency and better disclosures of costly loan process fees.

It is widely recognized throughout the industry that short sale completions are increasing.