Media

An independent monitor verified in his fourth report on JPMorgan Chase's progress under its November 2013 settlement with the government over the packaging and selling of faulty residential mortgage-backed securities that the bank has paid more than half of the $4 ...

Denver-based MountainView Servicing Group announced Monday that it is acting as adviser for the sale of a Fannie Mae and Freddie Mac mortgage servicing rights portfolio with an unpaid principal balance of about $10 billion. Features of the bulk servicing rights ...

Denver-based MountainView Servicing Group announced Monday that it is acting as adviser for the sale of a Fannie Mae and Freddie Mac mortgage servicing rights portfolio with an unpaid principal balance of about $10 billion. Features of the bulk servicing rights ...

Fannie Mae and Freddie Mac completed nearly 66,000 foreclosure prevention actions in the fourth quarter of 2014, which included loan modifications, repayment plans, forbearance plans, short sales, and deeds-in-lieu of foreclosure, according to the FHFA's Q4 2014 Foreclosure Prevention Report. Nearly 41,000 out of ...

Edward Golding, a senior adviser at the U.S. Department of Housing and Urban Development has been named by the White House as the leader of the Federal Housing Administration, according to HUD. The Department confirmed on Thursday that Biniam Gebre will ...

A shift in market share from large banks to nonbanks accounted for a slight increase in the National Mortgage Risk Index for February as well as series-high levels for the risk indices for Fannie Mae/Freddie Mac, FHA, and VA loans ...

Ocwen Financial Corporation and Nationstar Mortgage Holdings have agreed in principle to the sale by Ocwen of the mortgage servicing rights on an Agency portfolio with approximately $25 billion in unpaid principal balance, according to an announcement on Ocwen's website ...

The first quarter of 2015 experienced slow economic growth due to temporary factors, but the economy is expected to make a comeback starting in the second quarter, according to Fannie Mae's Economic & Research Strategic Research Group's March 2015 Economic Outlook released Monday. ...

Foreclosure starts dropped by 15 percent month-over-month in February, down to just below 80,000, the lowest level since November 2014 and their third lowest total for any month in at least seven years, according to Black Knight's First look at ...

Fannie Mae and Freddie Mac announced earlier this week updates to their policies to address possible interest rate increases on previously modified loans, hoping to prevent distressed borrowers from re-defaulting. Servicers are now required to evaluate mortgage loans backed by ...