Servicing

May 21, 2013
Hardest-hit states record the most relief from servicers

States hit hard by foreclosures benefited the most from the $25 billion national mortgage settlement, according to...

Read More

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.

Fannie Mae and Freddie Mac will tap into their existing servicer guidelines to assist homeowners in the wake of the tragic storms that struck Oklahoma and surrounding areas Monday.

ReWired

Most housing publications – especially those focused on mortgage finance – have been covering the Mortgage Electronic Registration Systems issue for well over two years. And many judges across the nation have already weighed in on major MERS issues, but that's not stopping the mass media from turning MERS into another political thriller.

Read More