Mortgage Servicing
Latest Posts
PHH Posts Q1 Profit, Sees Mortgage Production Losses Narrow
May 09, 2008PHH Corp. [stock PHH][/stock] said Friday that losses in its mortgage production business narrowed during the first quarter to $8 million, compared to a $39 million loss one year earlier — a smidgen of good news for a battered industry. Unfortunately, the company’s servicing operations swung strongly into the red, posting a $16 million loss for the quarter relative to a $55 million net gain one year ago.
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Litton Picks Up Rest of Fremont’s Servicing Portfolio; Bankruptcy May be Next
May 09, 2008 -
Schumer Blasts “Vulture Mentality” of Servicers, Suggests BofA Reconsider Countrywide Deal
May 07, 2008 -
New Option: H&R Block Completes Sale of Subprime Servicer
May 01, 2008 -
Och-Ziff Latest Fund Manager to Snap Up Bad Mortgages
May 01, 2008 -
FICS Taps New President
May 01, 2008 -
Servicers Increase Focus on Modifications; Foreclosures Jump 35 Percent in First Quarter
Apr 28, 2008 -
Goldman Sachs Mortgage Chief Quits
Apr 25, 2008 -
ResCap Cut By Moody’s, Borrows $468 Million from GMAC
Apr 24, 2008 -
Flagstar Posts Loss on Switch to Fair Value Option for MSRs
Apr 23, 2008
