Servicing

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.

Capacity constraints and issues with cross-servicer refinances remain significant challenges to the Home Affordable Refinance Program.

The FHA has embarked on a desperate attempt to raise capital through settlements with major banks, sales of severely delinquent loans and higher insurance premiums on new borrowers.

Yes, the Wisconsin Republican opposed Dodd-Frank and supports the limited government that many bankers crave. But he'll also help harden the views of an electorate that's already leaning Obama's way.

Impac Mortgage Holdings, Irvine, Calif., expects to post a profit when it reports second quarter earnings on Wednesday, and continues to expand its lending and servicing operations, the company said in a recent SEC filing.