Servicing

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.

Woodward Asset Capital has made technological advancements to their two software solutions enabling small banks to have the capability to access these tools to monitor fraudulent activities in the distressed sales marketplace.

The Obama Administration is pushing back against a recent news report that concluded U.S. taxpayers will subsidize the roughly $25 billion mortgage settlement.