Servicing

A debtor in bankruptcy proposes a Chapter 13 plan to strip a second mortgage as unsecured and is found to be still in good faith, the CFPB proposes rules that could make life more difficult for lenders and originators, five states loom large in foreclosures, two foreclosure-related bills move forward in California, and various types of mortgage-related fraud allegations in different areas continue to move through the court system.

The Federal Reserve Board unanimously approved the release of a set of proposals that would raise banks' minimum capital requirement to 7%.

Businesses went knocking on banks' doors to ask for more loans over the past few months, boosting optimism that demand would continue to rise in the coming year.

The latest round of monthly 30-year conventional mortgage-backed securities prepayment speeds came in slower than some expected.

The approaching hurricane season could damage roughly four million residential properties whose estimated value exceeds $700 billion.

The interest rate on a 30-year fixed-rate loan fell to 3.67% for the week ending June 7, an eight basis point decline from seven days earlier.

When devising a mobile strategy, firms should pay close attention to three strategies that will help their mobile development succeed.

New technology and approaches are making automated valuation models more accurate.

The nation’s mega servicers are increasing their use of principal reductions in modifying loans as they fulfill obligations under the $25 billion robo-signing settlement with the state attorneys general and federal agencies.

A higher number of conduit loans that back U.S. commercial mortgage-backed securities are being liquidated, and at a lower average loss severity rate. But as special servicers try to manage vintage deals more losses are expected this year and the next.