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Servicing and Default News
Mar
29
2017
The case brings renewed attention to the mortgage industry's loan servicing business. Judge Klein alluded to systemic...
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Mar
28
2017
The total third-party mortgage servicing portfolio for these banks has shrunk by a sharp 11% annually over the last...
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Mar
21
2017
Goldman Sachs has launched an ambitious program to buy severely delinquent or nonperforming home mortgages as one...
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Mar
17
2017
The index would track the so-called credit risk transfer sector, which was started more than three years ago to reduce...
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Mar
17
2017
Goldman Sachs’ purchase of a portfolio of non-performing loans from Fannie Mae earlier this week marked only the latest...
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Mar
02
2017
The bank also is selling to Irving, Texas-based Caliber the mortgage servicing rights (MSRs) on approximately $3.8...
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Feb
28
2017
Ross may not have been the CEO of a bank foreclosing on homeowners, but he was nevertheless intimately involved and...
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Feb
28
2017
“I don’t think you need Fannie and Freddie at all to do it. I think you need a program that is government-sponsored,...
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Feb
24
2017
Black Knight’s report found that the foreclosure inventory rate was down by 30.53% in 2016, and that the inventory of...
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