Servicing

Fidelity National Financial saw a 30% increase in business as new residential title orders in the second quarter totaled 667,500 versus 514,000 in 2Q11.

CoreLogic earned $41 million off revenue of $389 million during the second quarter of 2012—new records for the company which was spun off from the First American Corp. in June 2010.

Wells Fargo, the country’s largest wholesaler, joins JPMorgan Chase in jettisoning wholesale.

At least two bidders remain for the $30.8 billion of Freddie Mac mortgage servicing rights once owned by the now-defunct Taylor, Bean & Whitaker.

Even Beverly Hills has distressed assets. But commercial real estate advisory firm Lucent Capital has come to the rescue—yet again.

When it comes to automation technology, servicers are faced with a myriad of choices between traditional, in-house software versus vendor-hosted services, or software-as-a-service delivery options.

Economists have been expecting long-term rates to remain low this year because the Federal Reserve recently extended its Operation Twist program, maintaining downward pressure that the program puts on long-term rates.

The June median price in the six-county Southern California region rose 1.7% from May and 5.3% from a year ago.

Ivan Choi has been voted incoming chair-elect of the Asian American Real Estate Association of America.

GSE lenders and servicers refinanced more high LTV Fannie Mae and Freddie Mac loans during the first five months of this year than they did all of last year.