Servicing

Residential Capital has rejected Warren Buffett’s offer to be the initial bidder in proposed auctions of ResCap assets.

Greece's RMBS sector would be one of the victims of the country's exit from the euro zone, which appears increasingly likely in the run-up to June 17 elections between parties supporting and opposing austerity measures, a condition of the country's bailout.

RealtyTrac released its May U.S. Foreclosure report, which emphasized the first year-over-year increase in foreclosure starts in 28 months. What does this mean?

Wells Fargo & Co. ended March with $1.84 trillion of residential servicing contracts on its books, once again ranking first—but barely growing its market share.

FCI Lender Services recently took in $106.5 million worth of servicing assignments on nonperforming loans pools purchased by private investors.

Housing markets are showing credible signs of a revival that still is “in the early innings,” according to the State of the Nation’s Housing 2012 report released by the Joint Center for Housing Studies of Harvard University.

To hear some nonbank lenders talk about the Consumer Financial Protection Bureau you would think they were dealing with Dracula or something.

NMN sister publication Mortgage Technology has recognized top-performing industry companies for more than a decade, dating back to when its “Top 100 Technology Vendors” list debuted in the July 2002 issue.

New York Attorney General Eric Schneiderman has introduced the Foreclosure Fraud Prevention Act of 2012 to the State Legislature that defines residential mortgage foreclosure fraud and imposes new penalties for those who intentionally engage in illegal activity within the state.

One thing you can always count on from Washington—there will be plenty of regulatory activity after a crisis happens rather than before when it might be useful.