Content Category: Mortgage Servicing
HOPE NOW: Housing Market Continues To Improve
by MortgageOrb.com on August 25, 2015
Mortgage servicers completed an estimated 34,000 permanent loan modifications in June - about the same number completed in May - according to HOPE NOW, a [read more]
Foreclosure Inventory In July Reached Lowest Level Since 2007
by MortgageOrb.com on August 20, 2015
The total U.S. mortgage delinquency rate as of July was about 4.71% of all loans - a decrease of 2.22% compared to June and a [read more]
Potestivo & Associates Announces Two New Hires
by MortgageOrb.com on August 20, 2015
Erin L. Smith and M. Michael Sadic have joined the law firm Potestivo & Associates PC as associate attorneys in the firm's Chicago office. Smith [read more]
RealtyTrac: Bank Repossessions Jumped 29% In July
by MortgageOrb.com on August 20, 2015
Bank repossessions jumped in July while foreclosure starts dropped to the lowest level in nearly a decade, according to RealtyTrac's monthly foreclosure market report. Lenders [read more]
Green Tree Servicing Merging With Ditech Mortgage
by MortgageOrb.com on August 19, 2015
Green Tree Servicing is merging with Ditech Mortgage Corp., the companies recently announced. The merger is expected take place on Aug. 31. Both companies are [read more]
Freddie Mac Auctioning $1.2 Billion In NPLs Serviced By Ocwen
by MortgageOrb.com on August 19, 2015
Freddie Mac is auctioning a $1.2 billion portfolio of deeply delinquent nonperforming loans (NPLs) currently serviced by Ocwen Loan Servicing. The NPLs are being marketed [read more]
Potestivo & Associates Hires Kathleen G. Conger As Compliance Manager
by MortgageOrb.com on August 17, 2015
Kathleen G. Conger has joined Potestivo & Associates PC as compliance manager in the firm's Rochester Hills, Mich., office. Conger has more than 20 years [read more]
MBA: Mortgage Delinquencies, Foreclosures Continued To Fall In Q2
by MortgageOrb.com on August 17, 2015
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 5.30% of all loans outstanding at the end [read more]
Urban Fulfillment Services To Close Locations In Colorado
by MortgageOrb.com on August 12, 2015
Urban Fulfillment Services (UFS), a subsidiary of Urban Lending Solutions, is reportedly closing three locations in Colorado, including two locations serving the company's underwriting department [read more]
CoreLogic: Completed Foreclosures Increased In June
by MortgageOrb.com on August 11, 2015
About 43,000 foreclosures were completed in June - an increase of about 4.8% compared to the approximately 41,000 reported in May but a decrease of [read more]
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