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Altisource to Showcase Technology Innovation for the Mortgage Industry with Sponsorship at MBA Servicing Conference

Altisource Portfolio Solutions S.A.  , a leading provider of mortgage, financial and technology services for the real estate industry, today announced its sponsorship of the Mortgage Bankers Association’s National Mortgage Servicing Conference & Expo 2015 including a high-profile presence at the event’s Networking Lounge within the exhibition hall throughout the duration of the conference.

mortgage loan Rates Rise for 2nd Straight Week

The latest Mortgage Bankers Association report on mortgage applications noted a week-over-week decrease in the seasonally adjusted composite index for the week ending February 13.

Mortgage apps plunge as rates hit highest level of year

Mortgage interest rates rose to their highest level since the beginning of this year, and mortgage volume reacted in the opposite direction. Loan applications fell 13.2 percent for the week ending February 13, according to the Mortgage Bankers Association. Total volume is still 14 percent above where it was a year ago, when interest rates were considerably higher.

Blackstone Mortgage beats 4Q profit forecasts

The New York-based company said it had net income of 37 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 52 cents per share. The results exceeded Wall Street expectations. …

Holder Asks Lawyers to Pursue Bankers in Mortgage Fraud

Holder, who is stepping down as soon as his successor, Loretta Lynch, is confirmed, has asked U.S. attorneys involved in residential mortgage-backed securities cases to report in 90 days on whether they can develop cases against individuals, he said Tuesday at the National Press Club in Washington.