Content Category: Mortgage Servicing
RealtyTrac: 9.1 Million Homes Still Seriously Underwater In Q1
on Thursday April 17 2014 by MortgageOrb.com print the content item
When it comes to home equity, the housing market has come a long way since the start of the Great Recession - yet it still [read more]
HOPE NOW: Foreclosure Sales And Starts Fall To Lowest Levels Since 2007
on Monday April 14 2014 by MortgageOrb.com print the content item
Mortgage servicers processed about 42,000 loan modifications in February - a 5% decrease compared to the 44,000 processed in January, according to HOPE NOW, a [read more]
Freddie Mac Extends Relief To Washington Borrowers Affected by Disasters
on Wednesday April 09 2014 by MortgageOrb.com print the content item
Government-sponsored enterprise (GSE) Freddie Mac has extended its mortgage relief policies for borrowers affected by disasters in the State of Washington, including homeowners whose homes [read more]
Fannie, Freddie Completed 448,000 Foreclosure Prevention Actions In 2013
on Friday April 04 2014 by MortgageOrb.com print the content item
Fannie Mae and Freddie Mac report that they completed about 99,700 foreclosure prevention actions during the fourth quarter of 2013, bringing the total to more [read more]
MountainView Handling Sale Of Home Builder's MSR Portfolio
on Friday April 04 2014 by MortgageOrb.com print the content item
MountainView Servicing Group is serving as the exclusive sale advisor for a home builder's $200 million Fannie Mae mortgage servicing rights (MSR) portfolio and [read more]
Foreclosure, Shadow Inventories Show Impressive Declines
on Thursday April 03 2014 by MortgageOrb.com print the content item
Foreclosure and shadow inventory rates have shown impressive strides in the past year: U.S. foreclosure inventory is down a whopping 35% nationally, and the value [read more]
MountainView Facilitating Sale Of MSR Portfolios With UPB Of $1.1B
on Tuesday April 01 2014 by MortgageOrb.com print the content item
MountainView Servicing Group is facilitating the sale of two mortgage servicing rights (MSR) portfolios with combined unpaid principal balance (UPB) of $1.1 billion. The first [read more]
Fannie Mae Gives Another Month For Incentive Program
on Friday March 28 2014 by MortgageOrb.com print the content item
Fannie Mae is now extending its 3.5% closing cost assistance incentive for HomePath properties purchased during the FirstLook period in 27 eligible states. During the [read more]
Black Knight: Delinquency Rate Fell 4.87% In February
on Monday March 24 2014 by MortgageOrb.com print the content item
The national rate of delinquency on mortgage loans continued to drop in February, falling 4.87% compared to January to reach 5.97% of all mortgage activity, [read more]
MIAC Facilitating Flow Servicing Deal
on Thursday March 20 2014 by MortgageOrb.com print the content item
There are more signs that the flow servicing market is making a comeback. Mortgage Industry Advisory Corp. (MIAC) reports that it is handling the sale [read more]
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