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Home Loan Servicing Solutions acquired certain non-agency mortgage servicing assets with unpaid principal balances from Ocwen earlier this year.The impact has picked up its second quarter results.
July 17 -
Currently, borrowers in communities outside of metropolitan statistical areas with populations below 10,000 are eligible for RHS-guaranteed loans.
July 17 -
As commercial loans continue to default at a brisk pace, the controlling classes of certificate holders in CMBS are likely to change with increasing frequency.
July 17 -
Everything is great when you are getting a healthy paycheck, but life can become quite stressful if you don't plan for the day when loans will slow down.
July 17
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The appraisal independence requirements within the Dodd-Frank Act go a long way to shedding more light onto an issue that needs to be solved, but it doesnt go quite far enough.
July 17
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M&T Bank Corp. said the 13% increase in the company's 2Q12 net income over 1Q12 reflects a 24% increase in mortgage banking during the time frame.
July 17 -
Stonegate Mortgage has named Paul Wyner senior vice president of third-party origination.
July 17 -
The average single-family new home price should improve by 4.25% and the median should rise by 4.5% in 2012.
July 17 -
Wells Fargo's mortgage servicing rights portfolio could have an impact on the bank's capital ratios under the Basel III requirements in the not-so-distant future when interest rates rise.
July 17 -
A Utah man pleaded guilty in federal court for his role in a multimillion-dollar mortgage fraud scheme that resulted in the illegal flipping of six properties and huge lender losses.
July 17 -
CU Members Mortgage said it signed 22 new credit union clients in the second quarter.
July 17 -
There is much discussion about how housing prices have stabilized lately, implying the housing market is progressing forward into recovery mode. Econ 101 says differently.
July 17
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InCharge Debt Solutions has partnered up with Freddie Mac to open a resource center that provides educational and information assistance to struggling homeowners with Freddie Mac-owned mortgages to help them stay in their homes.
July 17 -
While the basic mortgage jobs picture has been flat, there are variations within it. Mortgage banking firms have lost 6,000 jobs, while mortgage brokerages have gained 6,000 jobs.
July 17 -
With the bucket-load of regulations coming down the pike toward mandatory implementation in our industry, its time to track, measure and quantify experience while simultaneously speeding the process, complying with changing rules, and recovering the most dollars.
July 17
Woodward Asset Capital -
The economy is in the tank and thousands of people are out of work. In the U.S., given the slow recovery, the housing crisis continues.
July 16 -
The marketing world has lost another great as Barry Becher, one of the men behind the Ginsu knife commercials, passed away recently. Those famous (or depending on your point of view, infamous) television ads still contain a lesson for today's mortgage marketers.
July 16
National Mortgage News -
Know Your Options Customer Care is a customer engagement strategy and training program for servicers in order to prevent foreclosures by developing consultative relationships with struggling homeowners.
July 16 -
Citigroup executives remain very guarded about the outlook for the housing market and they have no immediate plans to reduce their reserves for possible mortgage losses.
July 16 -
Two property owners asked the U.K. Supreme Court to overturn a ruling that a 1967 law enabling long-term leaseholders to forcibly buy their homes at market prices should apply to buildings used as businesses.
July 16









