Servicing
Servicers distributed $50.63 billion through National Mortgage Settlement
Servicers that took part in the 2012 National Mortgage Settlement have since distributed $50.63 billion in relief to more than 620,000 homeowners, Joseph Smith, the independent monitor overseeing the Office of Mortgage Settlement Oversight reported Tuesday. That figure includes both consumer relief... Read More

Featured News

GSEs remind servicers to revisit disaster relief policies after tornado devastation
Fannie Mae and Freddie Mac are working with the Federal Housing Finance Agency to align their disaster relief response in the midst of a massive tornado outbreak in Oklahoma and surrounding states.  The relief... Read More
Recovering housing market buoys The Home Depot earnings
The nascent housing recovery pushed The Home Depot’s first-quarter sales 7.4% higher as the company recorded net earnings of $1.226 billion, or 83 cents a share, up 18% from $1.035 billion, or 68 cents a share, a year... Read More
Big MSR swap with MountainView offering millions in agency product
Advisory firm MountainView Servicing Group is managing the sale of a $755 million Fannie Mae servicing portfolio along with another portfolio comprised of $395 million in Fannie Mae and Freddie Mac loans. About 99.8% of the... Read More