Mortgages

The lender foreclosed on The Mall at Whitney Field, based in Leominster, Mass., in November 2010 with a $72.2 million loan balance.

Two mortgage servicing rights portfolios are going up for bid, one a $1.7 billion Fannie Mae, Freddie Mac and Ginnie Mae portfolio, and one a $301 million Fannie Mae portfolio.

For the week ended May 31, overall application volume fell 11.5% from the prior week on a seasonally adjusted basis.

Conix Inc. has just completed a $42 million nonperforming loan securitization.

Process efficiency is name of the game in a mortgage environment where originators will be looking at every dime spent versus received

Here are some items you should consider making a commitment not to undertake.

Federal Housing Administration officials tried to conceal an analysis showing FHA could face a $115 billion shortfall, a letter from a lawmaker shows.

Bayview Loan Servicing is expanding customer assistance services through a partnership with MortgageKeeper Referral Services that adds financial counseling to the menu.

Auction.com Research said the volume of hotel deals are on a healthy post-recession pace due to moderate growth in the job market and an improved gross domestic product.

Most industry stocks were down by more percentage-wise than the Dow, but the most any one individual MIEC stock was down on the day was just 4.65%

The Consumer Financial Protection Bureau released exam guidance that details how it plans to enforce its recently released mortgage regulations.

A consumer has turned to the Mortgage Grapevine seeking help for financing a residential property purchase.

The chief executive of First American Financial Corp. said rival Fidelity National Financial’s deal to acquire Lender Processing Services was a good transaction for those companies and a neutral to slightly positive one for his firm.

Steve Campbell will be responsible for overseeing all of ProVest’s technological responsibilities, including managing technology infrastructure planning and deployment.

PHH Corp. president and CEO Glen Messina said the company’s private-label mortgage clients as well as its joint venture with Realogy right now are seeing robust purchase market activity after the recent rise in rates.

The U.S. Attorney for the Middle District of Florida said that Joseph Daniele pleaded guilty to conspiracy to commit wire fraud affecting a financial institution.

Taylor Capital Group plans to enter the mortgage-servicing business through the purchase of servicing rights and facilities from Liberty Savings Bank.

Lenders and special servicers operating in Nevada may be up for an unpleasant legal surprise if the state’s higher court upholds a 2012 ruling that maintains a private sale of property through receivership is basically the same as a foreclosure sale.

New York attorney general Eric Schneiderman has filed a lawsuit that accuses HSBC Bank USA and HSBC Mortgage Corp. for intentionally trapping homeowners into a foreclosure processing maze.

A bipartisan group of U.S. senators is putting the final touches on a bill that would liquidate Fannie Mae and Freddie Mac and replace them with a government reinsurer of mortgage securities behind private capital.