Servicing

Financial marketplace rhetoric is unique and foreign to most outsiders who may have a newfound curiosity about the mentality and the jargon of Wall Street. After all, there is not much dispute about the role of mortgage-backed securities' traders in triggering the housing foreclosure crisis.

How anxious are residential lenders and servicers about the new levels of regulation and compliance they are being subjected to? The answer is: plenty nervous.

Maryland is developing a pilot program to take its mandatory foreclosure mediation process paperless.

Home prices rose in 27 states during the fourth quarter as home values increased on GSE-related transactions during the final two months of 2011.

Ocwen Financial Corp., a major buyer of MSRs the past two years, earned $9.7 million in the fourth quarter, a slight decline from the same period a year earlier.

Radian Group, the nation's third largest mortgage insurer, posted a net loss of $122 million for the fourth quarter, an improvement from the $1.1 billion hit it took in the year ago period.

Even though the short sale market was slow to develop in 2011, there are many people within the mortgage industry that think 2012 could be the year of the short sale as delinquencies and foreclosures continue to be a major problem throughout the country.

New mortgage finance rules are good for lenders, borrowers and investors.

The Federal Housing Finance Agency wants to see if the multifamily businesses of Fannie Mae and Freddie Mac can be spun off and privatized.

Nationstar Mortgage, Lewisville, Texas, is in the hunt for Aurora Loan Services and appears to be the leading bidder at this point, according to investment banking advisors close to the situation.