Servicing

The judges of the Mortgage Technology Awards have selected this year's finalists. Watch to see who will contend for 11 of the award categories.

Liberal groups on Thursday ratcheted up their pressure on the Obama Administration to respond more forcefully to the foreclosure crisi

Lewis Ranieri¹s Selene Partners made offers on portfolios of nonperforming mortgages being shopped by Citi, Wells, Asset-Backed Alert reports.

The Low Income Housing Tax Credit, the very valuable program that develops new units for affordable housing, is seeing a thinning out of investors in the tax credit, especially insurance companies.

The Mortgage Industry Standards Maintenance Organization released the latest version of its reference model for a 30-day intellectual property rights review, the final step before MISMO Version 3.2 reaches the final “Recommendation” status for implementation.

Roughly $2 trillion in residential servicing rights might be sold or transferred to subservicers between now and the implementation of the Basel III accords in 2015, according to a new report from Stern Agee.

Fannie Mae on Thursday priced a $1.4 billion multifamily DUS REMIC with a large five-year tranche that drew several new investors, a capital markets executive at the agency told this publication.

A new mortgage insurance firm started by former executives from The PMI Group hopes to begin writing policies early next year, according to officials close to the company.

In making lenders responsible for servicers’ compliance controls, the Consumer Financial Protection Bureau further expands lenders' responsibility for borrowers.

The Consumer Financial Protection Agency Friday issued two proposed rules designed to make mortgage servicing more consumer friendly, giving borrowers advanced notice of interest rate adjustments and how to avoid costly forced-placed insurance.