Top 5 cities where safety is not a question

Top 5 cities where safety is not a question

Number one shouldn't be a shocker

Where's Watt?

FHFA scorecard should be marked tardy

Rentership society? Insider trading on Russian sanctions?

What We're Reading: The Good Friday edition
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Servicing

Servicing

ARTICLES

Despite new law, Florida foreclosures take longer

April 18, 2014
Florida recently passed a new law to help speed the foreclosure process up. But there's just one problem: the process is actually getting longer.
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The states and cities with the most underwater homes

RealtyTrac breaks down the trouble hotspots
April 17, 2014
But where are they? And how do they breakdown? HousingWire will walk you through it.
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17% of homes with a mortgage seriously underwater

Share of underwaters continues slow decline
April 16, 2014
Fully 9.1 million U.S. residential properties were seriously underwater, representing 17% of all properties with a mortgage in the first quarter, according to RealtyTrac’s U.S. Home Equity & Underwater Report for the first quarter of 2014.
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Marinosci Law Group announces West Coast expansion

April 14, 2014
This will be Marinosci Law Group's first office in California. Tye Merritt will serve as managing partner of MLG’s California division.
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Fannie Mae stops working with two Colorado law firms

Negative headlines included claims of foreclosure fee-padding
April 10, 2014
Fannie Mae has instructed servicers to cease referrals of new foreclosure cases to Aronowitz & Mecklenburg and the Castle Law Group and to transfer existing cases at those law firms to other firms.
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Foreclosure activity at lowest level since 2Q 2007

Foreclosures up 4% from February but down 23% since March 2013
April 10, 2014
March foreclosures were up 4% from February but still down 23% compared to March 2013, according to RealtyTrac’s latest report.
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Safeguard fires back at discrimination complaint

National Fair Housing Alliance goes after property preservationist
April 9, 2014
Safeguard fired back against the National Fair Housing Alliance after being accused of providing higher levels of preservation services in predominantly white neighborhoods than properties in largely African American and Latino neighborhoods.
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Nationstar continues growth under regulator spotlight

Nonbanks doing better with MSRs than banks
April 9, 2014
The big nonbank servicers have been caught in the regulatory spotlight over concerns they don’t have the capacity to properly and fairly service the mortgages they handle. Turns out, the nonbanks are doing a much, much better job than the banks.
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Man uses fake religious business in loan mod scam

AG charges man defrauded 100 - including employee - out of $300K
April 4, 2014
A Michigan man faces multiple felony charges for defrauding more than 100 victims of $300,000 in a mortgage loan modification scam.
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Homebuilder's Fannie Mae MSR portfolio for sale

April 3, 2014
MountainView Servicing Group is advising the sale of a homebuilder’s $200 million Fannie Mae MSR portfolio, along with an additional $30 to $40 million of servicing per month from the builder.
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