Servicing

The Federal Housing Finance Agency has indefinitely delayed its timeline for a highly anticipated decision on whether to allow principal reductions on loans owned by Fannie Mae and Freddie Mac.

Multifamily prices are getting closer to their pre-recession peak, but limited supply and favorable demographics could mean they keep climbing for some time.

HARP 2.0 refinancings are red hot in both Florida and Nevada, according to testimony by HUD secretary Shaun Donovan.

It appears the residential finance sector is about to gain another new mortgage insurance company.

It’s no secret that the mortgage industry – after hearing from its customers – is clamoring for a HARP 3.0 refi solution for underwater loans that are not guaranteed by Fannie Mae and Freddie Mac. But how do we get there?

A representative for eWarehouseOne is trying to place roughly $70 million of applications with at least two other banks.

The Obama administration, which has proposed levying a tax on the largest banks as a way to pay for a broad mortgage refinancing plan, is now in talks with members of Congress about finding an alternative source of funding.

Out of 212 markets tracked by RealtyTrac’s metropolitan foreclosure market report, 114 had more foreclosures take place for the first three months of 2012 than the final quarter of last year.

MetLife Inc. said it will exit the reverse lending business selling the division to Nationstar Mortgage of Texas.

Three out of the four national title insurance underwriters reported improved results for the first quarter, with two of them—First American and Old Republic—turning year-ago losses into profits.