News

Articles in "Servicing"

November 9, 2012 10:04 AM
PHH earnings show MSRs mix results

Mortgage servicer PHH Corp. ($21.65 0%) posted a deeper loss than expected in the third quarter on fair value changes assigned to mortgage...

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November 8, 2012 09:27 AM
September mortgage delinquencies higher: LPS

The national mortgage delinquency rate rose 7.7% from August to September, making it the largest monthly late payment increase in four years, according to Lender Processing Services.

LPS made that conclusion in the company's September Mortgage Monitor report. The data...

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November 6, 2012 03:54 PM
Pricing for mortgage servicing rights becomes source of debate

The acquisition of mortgage servicing rights is part of a growing strategy for some mortgage finance firms. However, it isn't all 'one man trash is another's treasure," as the finding the right price remains a matter of debate.

Rick Sharga with Carrington...

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November 6, 2012 01:58 PM
Pricing for mortgage servicing rights becomes source of debate

The acquisition of mortgage servicing rights is part of a growing strategy for some mortgage finance firms. However, it isn't all 'one man trash is another's treasure," as the finding the right price remains a matter of debate.

Rick Sharga with Carrington...

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November 6, 2012 01:45 PM
Nationstar stretches servicing pipeline to $600 billion, finds new revenue

Mortgage servicer Nationstar Mortgage watched its servicing pipeline expand to $600 billion in the third-quarter and expects to grow its mortgage servicing business, at least another $30 billion, in the fourth quarter.

The Lewisville, Texas-based company's 52% year...

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November 6, 2012 09:48 AM
Nationstar 3Q earnings jump on mortgage servicing growth

Nationstar Mortgage Holdings ($45.38 0%) experienced a 52% jump in its third-quarter profit from last year as the mortgage servicer...

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November 5, 2012 05:20 PM
Hope Now reports 219,333 third-quarter mortgage modifications

Mortgage servicers completed 219,333 loan modifications during the the third quarter, according the data from Hope Now, an alliance between HUD-approved counseling agents, mortgage servicers, investors and other mortgage market participants.

For...

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November 5, 2012 12:05 PM
Redwood Trust opens Colorado operation

Redwood Trust ($20.97 0%), the only steady issuer of private-label residential mortgage-backed securities, is growing with the firm hiring for...

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November 5, 2012 11:30 AM
Redwood Trust opens Colorado operation

Redwood Trust ($20.97 0%), the only steady issuer of private-label residential mortgage-backed securities, is growing with the firm hiring for...

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November 5, 2012 05:00 AM
Monday Morning Cup of Coffee: Hurricane Sandy leaves newly homeless out in the cold

Monday Morning Cup of Coffee takes a look at news crossing HousingWire's weekend desk.

As winter rushes in along following Hurricane Sandy, New York-area officials are concerned about the residents left after last week’s storm. 30,000 to 40,000 people in New York alone...

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November 4, 2012 07:01 PM
Monday Morning Cup of Coffee: Hurricane Sandy leaves newly homeless out in the cold

Monday Morning Cup of Coffee takes a look at news crossing HousingWire's weekend desk.

As winter rushes in along following Hurricane Sandy, New York-area officials are concerned about the residents left after last week’s storm. 30,000 to 40,000 people in New York alone...

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November 2, 2012 10:51 AM
Pennsylvania judge allows county fee case against MERS

A county recorder out of Pennsylvania will be able to pursue her county recording fee case against the Mortgage Electronic Registration Systems, the U.S. District Court for the Eastern District of Pennsylvania ruled this week. 

The judge allowed a class-...

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November 2, 2012 10:10 AM
Pennsylvania judge allows county fee case against MERS

A county recorder out of Pennsylvania will be able to pursue her county recording fee case against the Mortgage Electronic Registration Systems, the U.S. District Court for the Eastern District of Pennsylvania ruled this week. 

The judge allowed a class-...

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November 1, 2012 04:43 PM
New short-sale guidelines expected to unclog bad mortgage backlog

The new Federal Housing Finance Agency short sales guides for the government-sponsored enterprises Fannie Mae and...

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November 1, 2012 02:58 PM
Top five mortgage business Ocwen ready to buy more

Ocwen Financial Corporation ($43.53 0%) is now either the fourth or the fifth largest mortgage servicer in the U.S., depending who you ask....

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