Fannie Mae Auctioning Portfolio of RPLs with UPB of $5.1 Billion
Fannie Mae seeks to offload 29,600 re-performing loans (RPLs) from its portfolio - part of the company’s ongoing effort to shed riskier...
MQMR Adds Mortgage Industry Veteran Stephen Sherman as COO
Seasoned mortgage and real estate professional Stephen Sherman has joined Mortgage Quality Management and Research (MQMR) as chief operating officer.
Foreclosure Starts Continued to Fall During First Half
Foreclosure starts continued to decrease nationwide during the first half - but, as is to be expected, certain markets saw "flare-ups" in...
Freddie Mac Prices $2.2 Billion Securitization of RPLs
Freddie Mac is offering a rated securitization of approximately $2.2 billion including both guaranteed senior and unguaranteed subordinate securities backed by a...
Milliman Rolls Out New Mortgage Default Index For U.S.-Backed Mortgages
Mortgage consultancy Milliman Inc. recently launched the Milliman Mortgage Default Index (MMDI), a quarterly publication that shows the latest monthly estimate of...
Covius Completes Acquisition of Chronos Solutions
Covius Holdings reports that it has completed its previously announced purchase of various businesses from Chronos Solutions, including its credit, flood, income...
Mortgage Delinquency Rate Jumped in June But Remains Below a Year Ago
The U.S. mortgage delinquency rate increased in June, rising to 3.73% of all loans, up 10.82% compared with a rate of 3.36%...
Mortgage Delinquency Rate Continued to Fall in April
The mortgage delinquency rate continued to drop in April, falling to the lowest level in more than 20 years, according to CoreLogic’s...
Black Knight Hires Peter Carrara as CIO
Peter Carrara has joined mortgage software firm Black Knight as chief information officer.Carrara has more than 20 years...
Black Knight: Prepayment Activity Has More Than Doubled During Past Four Months
Spurred mainly by lower mortgage interest rates, prepayment activity has more than doubled over the past four months to reach the highest...
Black Knight Updates MSP in Support of Freddie Mac’s New Investor Reporting Requirements
Black Knight has updated its MSP mortgage servicing system in support of Freddie Mac’s new Investor Reporting Change Initiative (IRCI). Introduced in...
Exceleras Updates it REO Disposition Platform with New Functionality
Not long ago, Exceleras added some consumer-facing functionality to its platform to allow consumers to search for REO.Now,...
Mortgage Delinquencies Continued to Fall in May as Prepayments Surged
The national mortgage delinquency rate fell for a third consecutive month to 3.36% in May, the lowest level since January 2000, according...
SLK Global Solutions Hires Shannon Cobb as EVP
Shannon Cobb has joined SLK Global Solutions, a business process transformation enterprise offering technology-enabled products and solutions for the title, banking, mortgage...
Safeguard Promotes Joe Iafigliola to CFO
Joe Iafigliola has been promoted to chief financial officer at field services company Safeguard Properties.Iafigliola was previously vice...
LERETA Taps Kelly Hebert as Director of Sales Operations
Kelly Hebert has joined property tax data provider LERETA as director of sales operations.Hebert spent more than a...
New Jersey Passes Licensing Law for Nonbank Mortgage Servicers
BLOG VIEW: New Jersey recently introduced legislation that regulates mortgage servicing in the state. Under the new law, which takes effect July...
CoreLogic: Mortgage Delinquency Rate Held at 4% in March
About 4% of mortgages nationally were in some stage of delinquency in March - the lowest mortgage delinquency rate in 13 years...
LoanCare Taps Michael Blair as Chief Administrative Officer
Mortgage servicing veteran Michael Blair recently joined LoanCare, a ServiceLink company, as chief administrative officer.Blair has more than...
Freddie Mac Settles its First SLST Securitization of 2019
Freddie Mac has settled its first Seasoned Loans Structured Transaction Trust (SLST) offering of 2019 - a securitization of approximately $1.2 billion...
