Revealed: BlackRock owns considerable stock in housing’s biggest players

Who wins the Super Bowl…of real estate?

Redfin deflates Patriots' homeowners

CFPB wants more mortgages in "underserved" areas

And here's how they will get it done
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Items Tagged with 'mortgage servicing'

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From HW Magazine

POWER PLAYERS: Service Providers

16 companies delivering innovative solutions and services
HousingWire Staff
These 16 companies are delivering innovative solutions and services that distinguish them in the industry.
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Home Loan Servicing Solutions fires back at mortgage-negligence claims

Ocwen associate answers charges from hedge fund
Ben Lane
Home Loan Servicing Solutions is joining with associate Ocwen Financial, in the fight against investors who claimed that the companies breached their mortgage bond covenants, and is accusing the investors of attempting to profit on their stock holdings in HLSS as opposed to actually caring what happens with the mortgage bonds.
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ABA announces Real Estate Lending conference in Baltimore

Regulatory realities headline session
Trey Garrison
The American Bankers Association will host its Real Estate Lending Conference, April 8-10 in Baltimore. Regulatory realities and how to make it through will be the focus. Here are the details. Plan accordingly.
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Ocwen: Mortgage bond investors mislead public, push foreclosures

Fires back at “baseless, groundless” charges of mortgage payment negligence
Ben Lane
Ocwen fired back at claims of mortgage payment negligence, saying that the mortgage bond investors that accused it of failing in its duties as servicer have ulterior motives. “Your letter obscures the ultimate objective of your investor clients: to stop servicers from modifying loans and force them to foreclose on and evict as many struggling homeowners as quickly as possible,” Ocwen said in response.
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Solutionstar completes acquisition of Title365

Firm to leverage acquisition to expand beachhead in California
Trey Garrison
Solutionstar expects to speed operations through added efficiency, by using Title365’s licenses to expand into new geographic markets, particularly in California. Here's how.
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Black Knight: Delinquencies drop 7% in December

Foreclosure starts jump 21% from November
Trey Garrison
Delinquencies dropped by 7.2% in December, bringing the national delinquency rate back under 6% and down to 5.6% for the month, and nearly 13% down from this time last year. Here's what's happening.
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Flagstar posts 4Q 2014 net income of $11.1 million

Mortgage servicing business improved
Trey Garrison
Flagstar Bancorp reported fourth quarter 2014 net income of $11.1 million, or $0.07 per diluted share, as compared to a net loss of $27.6 million in the third quarter 2014, or $(0.61) per diluted share, and net income of $161.9 million in the fourth quarter 2013, or $2.77 per diluted share.
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Seriously underwater properties decrease 2.2 million in 2014

RealtyTrac: Down 5.8 million from peak negative equity in 2012
Trey Garrison
The number of seriously underwater homes continues to drop, and the number of equity-rich homes is growing. Here’s what’s happening.
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CoreLogic: 41,000 completed foreclosures in November

Foreclosure inventory down 35.5% nationally YOY
Trey Garrison
The national foreclosure inventory is down 64% from its 2010 peak, and down 35.5% from a year ago. Here’s why.
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Supreme Court eases notification rules for mortgage rescissions

Change makes it easier for borrowers to walk away from underwater homes
Trey Garrison
In a blow to lenders, the Supreme Court just made things a little easier for borrowers to walk away from underwater mortgages with its ruling on what TILA says. Here are the details lenders need to know.
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