Content Category: Mortgage Servicing
MountainView Offering $2.5 Billion Fannie And Freddie MSR Portfolio
on Tuesday July 29 2014 by MortgageOrb.com print the content item
MountainView Servicing Group reports that it is facilitating the sale of a $2.5 billion Freddie Mac and Fannie Mae mortgage servicing rights (MSR) portfolio. [read more]
Interthinx: Property Valuation Fraud Risk Increased 27% In Q1
on Friday July 25 2014 by MortgageOrb.com print the content item
Property valuation fraud risk jumped 27% in the first quarter compared to the previous quarter and was up 17% compared to the first quarter of [read more]
RealtyTrac: 17.2% Of All U.S. Homes Seriously Underwater In Q2
on Thursday July 24 2014 by MortgageOrb.com print the content item
About 9.1 million U.S. residential properties, or 17.2% of all homes with a mortgage, were seriously underwater - where the combined loan amount secured by [read more]
Ocwen Creates Community Advisory Council To Discuss Servicing Policies
on Wednesday July 16 2014 by MortgageOrb.com print the content item
Mortgage servicer Ocwen Financial Corp. says it has created a Community Advisory Council, which will provide a forum for Ocwen leaders and community advocates to [read more]
Black Knight Inks Contract Renewal With VA For Mortgage Reporting App
on Tuesday July 15 2014 by MortgageOrb.com print the content item
Black Knight Financial Services says the U.S. Department of Veterans Affairs (VA) has signed a contract renewal for the company's Web-based reporting application "Veterans Affairs' [read more]
HOPE NOW: Workouts Now Outpacing Foreclosures Four To One
on Monday July 14 2014 by MortgageOrb.com print the content item
About 37,000 loan modifications were completed in May - a decrease of about 12% compared to April, according to HOPE NOW, a voluntary, private-sector alliance [read more]
CoreLogic: Foreclosure Inventory Down 37%, Year Over Year, In May
on Tuesday July 08 2014 by MortgageOrb.com print the content item
About 47,000 foreclosures were completed in May - an increase of about 3.8% compared to the 45,000 completed in April, but down 9.4% compared to [read more]
GSEs Have Prevented Nearly 3.2 Million Foreclosures
on Tuesday July 08 2014 by MortgageOrb.com print the content item
Fannie Mae and Freddie Mac have completed nearly 3.2 million foreclosure prevention actions since the start of the conservatorships in 2008, with approximately 88,800 actions [read more]
MIAC Handling Sale Of MSR Portfolio Valued Around $3 Billion
on Tuesday July 01 2014 by MortgageOrb.com print the content item
Mortgage Industry Advisory Corp. (MIAC) is handling the sale of a portfolio of mortgage servicing rights (MSRs) valued at around $3 billion. The geographically dispersed [read more]
Fay Servicing Launches REO Division
on Monday June 30 2014 by MortgageOrb.com print the content item
After launching its new mortgage origination division focusing on retail and correspondent loans in May, Fay Servicing has launched a new real estate owned (REO) [read more]
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