Mortgage Servicing
Latest Posts
ResCap Cut By Moody’s, Borrows $468 Million from GMAC
Apr 24, 2008Moody’s Investors Service said late Wednesday that it had again downgraded Residential Capital LLC amid concerns that the money-losing mortgage arm of GMAC LLC was facing an unmanageable debt load. The agency said it had cut ResCap to “Caa1,” its seventh-highest junk grade, and in turn that it had also cut the rating of corporate parent GMAC to “B2,” its fifth-highest junk rating.
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Flagstar Posts Loss on Switch to Fair Value Option for MSRs
Apr 23, 2008 -
Wolters Kluwer, Fidelity Announce Loss Mit Partnership
Apr 21, 2008 -
Citi Posts $5.1 Billion Loss; Late Mortgages More than Double
Apr 18, 2008 -
Gold Rush or Fool’s Gold? Funds Jump into Distressed Mortgages
Apr 17, 2008 -
Freddie Mac: Servicers Need to Diversify Foreclosure, Bankruptcy Referrals
Apr 17, 2008 -
LSSI, Loan Score Tout Solution Integration for Originators
Apr 09, 2008 -
Ohio Governor Touts Pact With Nine Servicers
Apr 07, 2008 -
Radian Unveils Partial Claim Advance Program for Servicers
Apr 03, 2008 -
Fannie Mae Extends Forbearances for Troubled Borrowers
Mar 31, 2008 -
PMI Forms Foreclosure Prevention Team
Mar 26, 2008
