Sources: Morris Schneider Wittstadt declaring bankruptcy, closing immediately

Sources: Morris Schneider Wittstadt declaring bankruptcy, closing immediately

LandCastle Title’s operations will not be affected

8 avoidable mistakes first-time homebuyers keep making

Stop doing these things

Trending Thursday: CFPB data collection worse than the NSA?

Slowly but surely GSE shareholders cutting into Treasury, FHFA secrecy

Items Tagged with 'Portfolio'


From HW Magazine

Taking the foot off the accelerator

A look at what lies ahead for MSR transfers in 2015
Kerry Curry
Mortgage servicing rights will get bought and sold in 2015, but the volume won't reach the go-go days of 2012 or 2013, and the portfolios put out to market are expected to be smaller.
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$500 million in MSRs hits the market

Fannie, Freddie and Ginnie all included
Ben Lane
Interactive Mortgage Advisors announced that it is overseeing the sale of two portfolios of mortgage servicing rights totaling more than $500 million.
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$760 million Fannie Mae MSR portfolio hits market

Follows string of MSR sales
Brena Swanson
MountainView Servicing Group is overseeing the sale of a Fannie Mae mortgage-servicing right portfolio with a total unpaid principal balance of $759,526,511, which features a weighted average original FICO of 725 and 61% HARP servicing.
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Monday Morning Cup of Coffee: Ginnie MSRs up for grabs; Key housing data expected

Kerri Ann Panchuk
More Ginnie Mae mortgage servicing rights are up for grabs, while the housing market awaits key economic data after a shaky week on Wall Street. All of this and more in Monday Morning Cup of Coffee.
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mREITs perform even as the HW 30 falls

QE fears are in the past for now, but uncertainty lingers
Christina Mlynski
Investors are confident that interest rates will not dramatically shift away from their current levels, a prediction that allowed mortgage real estate investment trusts on the HW 30 index to perform better than anticipated Monday.
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ResCap, Mountain Funding Enter Servicing Agreement

Jon Prior
Mountain Funding, an investor in distressed real estate debt portfolios, entered into an agreement with GMAC-ResCap’s Business Capital Group to provide asset servicing and consulting advice for the real estate owned (REO) assets in their portfolio, a spokesman for GMAC said. ResCap, the fifth largest servicer in the nation, will continue to provide servicing for a portfolio of roughly 2.6m mortgage loans.
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National Asset Direct Picks Up $34 Million Distressed Mortgage Portfolio

Paul Jackson
National Asset Direct Inc., a purchaser of distressed residential assets and loans, said Wednesday afternoon that it had completed the purchase of a portfolio of approximately $34 million of seasoned sub-performing and non-performing first lien residential mortgages from an undisclosed top-tier bank. The company intends to service approximately 65 percent of this newly acquired portfolio through iServe, its wholly owned servicing subsidiary, it said in a press statement; officials did not specify where the remaining loans would be placed.
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