Content Category: Mortgage Servicing
New Tool Matches Field Services Companies To Contractors And Vice Versa
on Thursday December 18 2014 by MortgageOrb.com print the content item
East Point Systems, which offers software solutions for the default mortgage field services industry, has launched ServiceDepot.com, a new business-to-business "matchmaker" that streamlines and expedites [read more]
Senate Extends Mortgage Debt Forgiveness Act Another Year
on Wednesday December 17 2014 by MortgageOrb.com print the content item
Homeowners who had short sales in 2014 will not have to pay taxes on the proceeds of those sales, now that the U.S. Senate has [read more]
HOPE NOW: Loan Mods And Workouts Continued At Steady Pace In October
on Wednesday December 17 2014 by MortgageOrb.com print the content item
About 39,000 homeowners received permanent loan modifications from mortgage servicers during October, an increase of about 15% compared to the approximately 34,000 completed in September, [read more]
$2.7 Billion Mortgage Servicing Portfolio Hits The Market
on Friday December 12 2014 by MortgageOrb.com print the content item
MountainView Servicing Group is handling the sale of a Fannie Mae and Freddie Mac mortgage servicing rights portfolio with about $2.7 billion of total unpaid [read more]
RealtyTrac: Foreclosure Filings Fell 9% In November
on Friday December 12 2014 by MortgageOrb.com print the content item
Foreclosure actions including default notices, scheduled auctions and bank repossessions were reported on 112,498 U.S. properties in November - down 9% compared to [read more]
Quandis Launches New Tool To Help Servicers Comply With SCRA
on Thursday December 11 2014 by MortgageOrb.com print the content item
In response to President Obama's new program to prevent foreclosures on service members, veterans and their families, Quandis Inc., a provider of mortgage servicing software, [read more]
CoreLogic: Foreclosure Inventory At Lowest Level Since May 2008
on Thursday December 04 2014 by MortgageOrb.com print the content item
About 41,000 foreclosures were completed in the U.S. in October, down a whopping 34.1% compared to the approximately 62,000 reported in September and down 26.4% [read more]
FHA/HUD Offers $5,000 'Incentive' To Homeowners In HAMP
on Thursday December 04 2014 by MortgageOrb.com print the content item
Homeowners in the Home Affordable Modification Program (HAMP) will now be eligible to earn $5,000 in the sixth year of their modification, under revised rules [read more]
Black Knight: Principal Reductions Would Require Up To $89B In Write-Downs
on Thursday December 04 2014 by MortgageOrb.com print the content item
Mortgage lenders would have to write-down about $89 billion in losses if Congress ever decides to enact legislation making across-the-board principal reductions mandatory for borrowers [read more]
MorVest Capital Completes New MSR Credit Facility
on Wednesday December 03 2014 by MortgageOrb.com
MorVest Capital LLC, a Texas-based boutique investment firm, has closed another mortgage servicing rights (MSRs) credit facility for a Virginia company, in concert with its [read more]
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