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Genworth Financial agreed to sell a European mortgage insurance operation to AmTrust Financial Services Inc. as CEO Tom McInerney divests assets to bolster capital amid tighter regulation on companies that back home loans in the U.S.
October 27 -
The rising costs to service mortgages reflects a market where there are not only downsides to being too small, but hurdles to being too large raising the question of whether there's a middle ground where servicers are not too big, not too small, but just right.
September 10 -
In the world of property valuations, there's no such thing as the "perfect" comparable sale. From design and architecture styles to energy efficiency, here's a look at 10 home features most frequently adjusted in appraisals.
August 26 -
The new supplemental performance metric should encourage lenders to serve lower credit score borrowers.
August 17 -
The Federal Housing Administration's Neighborhood Watch website is back online after crashing about three weeks ago.
August 17 -
Neighborhood Watch, the Federal Housing Administration's "early warning system" for monitoring mortgage defaults and lender performance, crashed more than two weeks ago and it's unclear when the service will be restored.
August 13 -
Fidelity National Financial has recapitalized ServiceLink Holdings, increasing its ownership in the transaction services company.
July 31 -
Fidelity National Information Services Inc., the payment-services provider, is in exclusive talks to buy SunGard Data Systems Inc. in a deal with an enterprise value of more than $8.3 billion, people familiar with the matter said.
July 31 -
Green River Capital has rolled out a new surveillance service for single-family rental properties called Retail Asset Management & Performance.
July 29 -
The bankruptcy of Wingspan Portfolio Advisors epitomizes the existential crisis facing default servicing. This once-thriving sector of the mortgage industry now finds itself declining in lockstep with the drop in loan delinquencies and foreclosures.
July 24