Foreclosure: The Movie… (finally!) coming to a screen near you

Foreclosure: The Movie… (finally!) coming to a screen near you

In new film, neighborhood of foreclosed homes drives man insane

Capstone demands Altisource family divorce

Calls for Altisource Residential to terminate Altisource Asset Management agreement

Pending home sales surge to highest level in 18 months

Buyer demand boosts sales
W S

Servicing

Stonegate just grew warehouse lending by 888%

No, that’s not a typo
Ben Lane
Stonegate Mortgage Corporation reported an incredible 888% year-over-year increase in its warehouse lending in the fourth quarter, rising from $47.8 million in 2013 to $472.4 million in 2014. But it still wasn't enough to help Stonegate turn a profit in 2014.
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Capstone demands Altisource family divorce

Calls for Altisource Residential to terminate Altisource Asset Management agreement
Ben Lane
Over the last few months, Ocwen, Altisource Portfolio Solutions and Home Loan Servicing Solutions bore the brunt of the regulatory and investor scrutiny — Altisource Residential and Altisource Asset Management escaped mostly unscathed. But now, Altisource Residential is the target of an investor who’s demanding an Altisource family divorce.
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Moody’s: Home Loan Servicing Solutions sale bolsters Ocwen’s future

Is there a light at the end of the tunnel?
Ben Lane
Maybe there’s finally some good news for embattled nonbank Ocwen Financial. In a new report, analysts from Moody’s Investors Service say that the $1.3 billion acquisition of Ocwen associate Home Loan Servicing Solutions by New Residential Investment will actually help to stabilize Ocwen’s own servicing operations and improve Ocwen’s future prospects.
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Is self-servicing the future of mortgage servicing?

Thoughts on the future from MBA Servicing 2015
Ben Lane
Whether in the meeting rooms, in the hallways, or down on the expo floor of the Gaylord Texan, one of the main discussion topics at this year’s MBA Servicing conference has been the future of the mortgage servicing business. One trend that attendees are sure will continue is the migration of the mortgage process onto the web and servicers need to be prepared.
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MBA: Mortgage delinquencies continue decline in 4Q14

Rate hits lowest level since late 2007
Trey Garrison
The mortgage delinquency rate has fallen to the lowest it's been in almost eight years. Here's what's happening, and where it will likely go.
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Black Knight: Delinquencies continue downward trend

Drops 11% from January 2014
Brena Swanson
Delinquencies continued to trend down and dropped 11% from January 2014. On the other hand, January’s 94,300 foreclosure starts marked the highest level of starts since December 2013.
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MBA Servicing: Why would anyone bother to do this anymore?

Regulations are choking the life out of this business
Trey Garrison
What's the word on everyone's mind at MBA Servicing 2015? Regulations. Why does it matter? Because the cure has become worse than the illness.
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“Frozen”: The state of mortgage servicing today

Thoughts from MBA Servicing
David Vida
Regulators are uncomfortable with the prospect of giant non-bank servicers. But what size should servicers be? Twenty years ago, 100,000 accounts was a big servicer. Now, it’s the bare minimum. But, if that’s the floor, is there also a ceiling?
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MBA Servicing: Be proactive and work with state AGs on complaints

The net of state and federal regulations can be a spider’s web
Trey Garrison
The regulatory environment for servicers is like a maze created and enforced by multiple parties. Navigating it requires firms be active in getting ahead of the problem.
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Solutionstar adds Deva Kannan as chief information officer

Tasked with developing facilities in Seattle and Chennai, India
Ben Lane
As chief information officer, Kannan will lead the company’s technology and information service initiatives. One of his first projects will be the build-out of two research and development facilities in Seattle, Wash., and Chennai, India, the company said.
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