Servicing

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.

Fannie Mae has purposely kept its mouth shut regarding its investment in servicing rights - especially its $74 billion MSR purchase from Bank of America this past fall which cost the GSE about 50 basis points. But its days of being super secretive may be coming to an end.

Britton & Koontz Bank in Natchez, Miss., has been ordered by its regulator to immediately take steps to reduce the level of risk in its real estate loan portfolio.

Technology providers are rolling out new updates and products this week at the Mortgage Bankers Association's servicing conference in Orlando.

Joining ranks with 37 other states, South Carolina has outlawed private transfer fees on homes.

UGL Services has launched a new group to provide financial analytics support and advisory services for commercial real estate distressed assets, leasing deals and capital markets-related transactions.