Commercial banks and savings institutions serviced $3.621 trillion in home loans for other investors at the end of 2017, according to a new Inside Mortgage Trends analysis of call-report data. After a brief spurt higher in the third quarter, bank servicing-for-others was down 0.8 percent during the final three months of the year. The industry’s SFO balance had been dropping steadily since the end of 2010 – with declining balances in 20 of 22 quarters – as many ... [Includes one data chart]

September will mark the 10-year anniversary of the government placing Fannie and Freddie into conservatorship..

Mangiaracina’s resume includes stints at UBS Securities and Deutsche Bank…

PIMCO might be hungry for RPLs but inventory is declining…

At the end of the fourth quarter, Cenlar ranked first among all subservicers…

Fitch said independent nonbank servicers remain vulnerable to rising costs…

The package from IMA boasts low delinquencies and a high percentage of loans based in California…

Earlier this year, Renzi stepped down as CEO and president of Walter Investment Management Corp., the parent of Ditech Financial...

The company confirmed that long-time chairman and CEO Joe Tomkinson will be stepping down at the end of July...

Nonbanks do not have safety and soundness regulators, which is causing anxiety inside the agency…