Servicing

May 17, 2013
Proposed Ginnie Mae policy may increase buyouts

This week Ginnie Mae proposed a change to its general buyout policy.  A key component would be to...

Read More

The Mortgage Electronic Registration Systems has another precedential court decision in its favor – this time in Alabama – over the registry’s ability to assign mortgages.

Of the 245,000 loan mods competed in 1Q, 42,157 involved borrowers who went through the government’s Home Affordable Modification Program.

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