Items Tagged with 'BSI Financial'

ARTICLES

  • BSI Financial approved as Ginnie Mae issuer

    Now able to service loans in Ginnie Mae securitizations
    In a release, BSI Financial said that the Ginnie Mae approval provides “further evidence of BSI Financial's sound servicing practices and its track record of regulatory compliance.” The company also said that the accreditation “opens the door” for further expansion of the company's loan subservicing solutions.
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  • Here’s how much mortgage servicing Altisource Residential is offloading

    SEC filing reveals contract details with BSI Financial and Fay Servicing
    Last month, HousingWire reported that Altisource Residential agreed to separate mortgage servicing contracts with two vendors, Fay Servicing and BSI Financial Services. What wasn’t known at the time was just how much servicing Altisource would be transferring, but a recent filing with the Securities and Exchange Commission reveals the size of the contracts.
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  • From HW Magazine

    Compliance All-Stars

    Swinging for the fences: these firms are helping their clients win at compliance
    Compliance is more important to mortgage banking than ever before. That's why HousingWire did something unique and took a look at the firms powering the new compliance management business. Take a look.
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  • From HW Magazine

    A surge, now over

    Once-hot short sales cool off
    Distressed property sales, including short sales, accounted for 21.6% of national sales in the fall of 2013, according to a recent four-month rolling quarter report from Clear Capital — a far cry from the peak of 41% in 2011.
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  • From HW Magazine

    The blessing of shared appreciation

    A new housing finance model holds promise, but beware the devil in the details
    Homeowners sitting in upside-down status with properties thousands of dollars underwater may find themselves begrudgingly making payments on residences no longer worth their original values -- or even worse, tempted to strategically default to escape their debts, leaving banks to absorb those losses.
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