Servicing

Foreclosure sales have been declining for more than a year, while short sales have been gaining ground.

Capacity constraints in the mortgage banking industry have been holding down prepayment speeds despite the pickup in HARP refinancings in the first quarter.

Wil Armstrong, CEO of Blueberry Systems and chairman of Cherry Creek Mortgage, discusses how origination technology can help lenders' retained servicing strategies.

Are the instructive lessons of the past sufficiently integrated into current industry business models and strategic planning?

The California State Legislature passed legislation on two issues that will be included in the state’s Homeowner Bill of Rights and help protect homeowners from mortgage scams.

A new Lender Processing Services offering helps servicers match first and subordinate liens on a property to streamline the process of modifying mortgages for distressed borrowers.

Treasury Department officials are working with the Federal Housing Finance Agency on ways to structure Fannie Mae and Freddie Mac MBS, allowing private investors to share in some of the credit risk on government-guaranteed securities.

Residential Capital’s bankruptcy filing on May 14 is a credit negative for two major bond insurers, Moody’s Investors Service said.

When the Office of the Comptroller of the Currency announced in the spring of 2011 that a group of major mortgage servicers had signed consent orders agreeing to a host of new regulations and reforms, the regulatory landscape of the mortgage servicing industry was fundamentally altered in ways that would have a profound and lasting impact.

Although the U.S. soccer team lost to Brazil the other night we can thank the interest rate gods that investors, world wide, keep buying our Treasury bonds, driving prices up and bond yield downs. In the past I've joked about a 30-year fixed rate loan at 2% and I'm starting to believe that it could happen.