| Mortgage Servicer Hiring in Colorado preview | full story
A mortgage servicer based in Colorado is running a recruiting campaign with plans to fill more than a hundred open positions.
www.mortgagedaily.com/stories/HiringsSls082014.asp
GSE Refinances Bounce Up preview | full story
After sinking in May, refinances of Fannie Mae and Freddie Mac loans bounced higher -- though activity remains anemic compared to a year earlier.
www.mortgagedaily.com/stories/Refinances082014.asp
MSRs On Over $5 Billion in Agency Loans for Sale preview | full story
Two portfolios of mortgage servicing rights on more than $5 billion in agency home loans are on the market. One of the portfolios has far higher delinquency than the other.
www.mortgagedaily.com/stories/MsrSales082014.asp
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Loan Processing Time, Refi Share at 3-Year Low preview | full story
As refinance share fell to the lowest level in at least three years, so did the time it took to close a mortgage. Loan originators, meanwhile, closed fewer of the loan applications they started.
www.mortgagedaily.com/stories/OriginationInsight082014.asp
Judge Rules RFC Lawsuits Can Proceed preview | full story
Multiple lawsuits filed by a former unit of Residential Capital LLC against some big-name lenders over repurchase demands have been allowed to proceed.
www.mortgagedaily.com/stories/LawsuitRfc082014.asp
Ginnie Mae Lifts MBS Issuance 4 Months in a Row preview | full story
For four consecutive months now, issuance of Ginnie Mae mortgage-backed securities has strengthened -- though annual activity is still set for a steep decline.
http://www.mortgagedaily.com/stories/GinnieIssuance082014.asp
CFPB Expectations Outlined for Servicing Transfers preview | full story
When the servicing on a home loan is being transferred, both the new servicer and the old servicer have certain obligations in order to ensure a smooth process for the borrower.
www.mortgagedaily.com/stories/CfpbServicing081914.asp
Nationstar Affiliate Cutting Mortgage Jobs preview | full story
A financial services firm is unloading mortgage assets and eliminating mortgage jobs in North Texas. The company is affiliated with Nationstar Mortgage LLC -- which, itself, is laying off North Texas employees.
www.mortgagedaily.com/stories/LayoffsSpringleaf081914.asp
Class Action Seeks to Shelter Strategic Defaulters preview | full story
Class action certification is sought on a lawsuit filed on behalf of a borrower whose Florida property was foreclosed on and is now being sued for a deficiency balance even though he has moved to another state.
www.mortgagedaily.com/stories/MctLawsuitFlDeficiencies081914.asp
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