Content Category: Mortgage Servicing
New Residential Co-Invests In Nationstar MSR Acquisition
on 24 May 2013 by MortgageOrb.com email the content item print the content item
New Residential Investment Corp. has co-invested with Nationstar Mortgage LLC in Nationstar's recent acquisition of a mortgage servicing rights (MSRs) portfolio. The portfolio has an [read more]
Freddie Mac Securitizes $1 Billion In Modified Loans
on 24 May 2013 by MortgageOrb.com email the content item print the content item
Seeking to capitalize on rising demand for mortgage securities as the housing market rebounds, government-sponsored enterprise Freddie Mac has started packaging the modified mortgage loans [read more]
Delinquency Rate Falls Below 6.5% For First Time Since July 2008
on 23 May 2013 by MortgageOrb.com email the content item print the content item
According to new figures from Lender Processing Services Inc. (LPS), a provider of integrated technology, data and analytics to the mortgage and real estate industries, [read more]
Fay Servicing Seeking To Hire Mortgage Professionals
on 22 May 2013 by MortgageOrb.com email the content item print the content item
Chicago-based Fay Servicing, a special servicer that manages distressed and at-risk residential mortgages, has launched a new hiring initiative to attract qualified mortgage professionals with [read more]
Mortgage Banking Law Firms RCO Legal And Johnson & Freedman Merging
on 22 May 2013 by MortgageOrb.com email the content item print the content item
Bellevue, Wash.-based RCO Legal PS and Atlanta-based Johnson & Freedman LLC are coming together to create one of the largest mortgage banking law firms in [read more]
IndiSoft, HLP Helping Servicers Comply With CFPB Regulations
on 21 May 2013 by MortgageOrb.com email the content item print the content item
To help mortgage servicers comply with new Consumer Financial Protection Bureau (CFPB) regulations, IndiSoft is partnering with Hope LoanPort (HLP) to facilitate seamless handoff of [read more]
LPS Debuts WIT: Workout Interaction Tool For Mortgage Servicing
on 15 May 2013 by MortgageOrb.com email the content item print the content item
Lender Processing Services Inc. has launched its Workout Interaction Tool (WIT), a Web-based application that provides data from its MSP servicing system to and from [read more]
Freddie Mac's Streamlined Modification Program Goes Nationwide
on 14 May 2013 by MortgageOrb.com email the content item print the content item
Freddie Mac says its Streamlined Modification program is now available to all eligible borrowers nationwide. The initiative was originally schedule to roll out on July [read more]
TransUnion On Delinquency Numbers: 'The Magnitude Of The Improvement Was Unexpected'
on 08 May 2013 by MortgageOrb.com email the content item print the content item
According to TransUnion's most recent quarterly analysis, the national mortgage delinquency rate in the first quarter of 2013 dropped 21% versus last year and now [read more]
Fannie Mae Rolls Out Servicing Management Default Underwriter
on 07 May 2013 by MortgageOrb.com email the content item print the content item
Fannie Mae has debuted its Servicing Management Default Underwriter (SMDU) tool, a complement to the Desktop Underwriter platform that is designed to help mortgage servicers [read more]
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