Mortgages

Canadian housing starts will slow to an annual pace of 190,300 units this year, from 214,827 last year.

The top five mortgage lenders say they have offered $45.8 billion in consumer relief to distressed borrowers under the national mortgage settlement.

First South Bancorp is reducing its problem assets through two separate transactions.

Fox Chase Bancorp hired Thomas Petro as president and chief executive in mid-2005 with a mission to turn around a mutual thrift that was fighting to survive.

Lenders originating loans with private mortgage insurance might get squeezed under the qualified mortgage rule’s 3% points and fees cap.

United Guaranty Corp. posted a $45 million operating loss for the fourth quarter, compared with a $25 million operation loss one year prior.

January Home prices are up 6.2% from a year ago, the largest annual gain since 2006.

Origination services-related revenue helped increase CoreLogic’s net income from continuing operations, as well as diluted earnings per share from continuing operations.

ServiceLink has entered into a partnership with Home CORE.

Improving home sales combined with dwindling inventory spurred the biggest advance in property values since 2005.

A variety of technology tools can assist mortgage servicers in implementing an effective single point of contact program.

There were just four Mortgage Industry Equity Composite stocks which closed Thursday higher, as the stock market had a second day of bearish reaction to the Federal Open Market Committee notes.

Lender Processing Services has introduced a new enhancement to a lien-related service that helps servicers manage portfolio risk.

Goldman Sachs plans to issue $568 million in CMBS loans backed by fixed-rate loans that are secured on three malls.

Good start to the year in Florida and Illinois, not so much so in California, Realtor groups say.

Decision Ready Solutions and Wolters Kluwer Financial Services are teaming up to provide a strategic solution designed to assist mortgage servicers solve new Federal Housing Finance Agency requirements.

The defendants include a former California assemblywoman and her husband.

Financial institutions are evolving their practices to better respond to the needs and demands of the next generation of customers, including mortgage borrowers.

Since March 1, the servicing banks have assisted 554,400 borrowers with principal reductions, loan modifications, refinances and other forms of relief.

Wolters Kluwer Financial Services said that its DocOne Internet-based document library now offers mortgage servicers on-demand access to the company’s residential mortgage preforeclosure compliance content.