Sellers of residential mortgages that include servicing rights are receiving premium bids these days, a situation that isn’t likely to abate anytime soon.
Mortgage servicers are waiting anxiously for a U.S. Supreme Court ruling on whether the Fair Debt Collection Practices Act applies to non-judicial foreclosures.
Negative equity – or even just the perception of it – is the most important determinant of default rates, according to a recent study by Collateral Analytics.