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Home » Topics » Inside Mortgage Finance » Servicing

Servicing
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How Hot is Residential Servicing? IMA Package Gets 10 Bids

April 10, 2013
Paul Muolo
More than 10 bidders showed up for a recent auction of new Fannie Mae servicing rights, a sign that the MSR market is getting hot.
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Short Takes: About That White House Mortgage Meeting… / Wells Confirms It May Hire MSR ‘Project Manager' / NPL Sales Could Double / Mortgage Applications Rise, So Do Refis

April 10, 2013
Paul Muolo
The upcoming White House meeting on mortgage and housing issues may not address loan standards at all. Wells confirms plan to hire MSR 'project manager.'
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HUD Asks for $943 Million Treasury ‘Draw’ for FHA as Industry Warms Up to Risk Sharing

April 10, 2013
Paul Muolo and George Brooks
According to the new White House budget, it appears that the FHA will need a draw from the U.S. Treasury after all. But will it happen?
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U.S. Bank Names Rick Aneshansel New Mortgage Chief

April 9, 2013
Paul Muolo
U.S. Bank, one of the largest residential lenders and servicers in the nation, has a new president.
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National Sales Director Departs Green Tree Servicing

April 9, 2013
Paul Muolo
Steve Stein, national sales director, has departed Green Tree Servicing, but the company isn't returning telephone calls and emails about the matter.
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Wells Fargo Searching for Executive to Aid the Bank in Selling Servicing

April 9, 2013
Paul Muolo
Wells Fargo is in the hunt for a top servicing executive to aid the bank in its pursuit of MSR sales, sources told Inside Mortgage Finance.
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Short Takes: Will Obama Show at the White House Mortgage Meeting? / JPMorgan and Citi Clean Up on Captive MI Business / Radian Sees New Business Gaining / Aging Appraisers?

April 9, 2013
Paul Muolo, John Bancroft, and Thomas Ressler
In two weeks the White House will meet with some of the largest residential funders in the U.S. But will President Obama show?
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Bank of America Selling $16 Billion of Servicing Rights

April 8, 2013
Paul Muolo
Bank of America is once again offering for sale a large package of mortgage servicing rights and at least a half-dozen or so buyers are lining up to bid.
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Short Takes: Obama Budget Cliff Hanger: Will FHA Need an ‘Appropriation?’ / Of Hedge Funds and GSE Acknowledgement Letters / Union Bank Expands Commercial Presence / Competition for ASF

April 8, 2013
Paul Muolo and Brandon Ivey
Will FHA need a government bailout? Better read the new Obama budget document.
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Regulators Faulted on Independent Foreclosure Reviews

April 5, 2013
Brandon Ivey
The independent foreclosure review process established by federal regulators for 14 servicers was “deeply flawed,” Rep. Maxine Waters, D-CA, said on Thursday in response to a report on the reviews by the Government Accountability Office. Waters said she will introduce legislation next week to address problems relating to use of outside contractors for enforcement actions.
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