Default Servicing

Fannie Mae’s Malloy Evans discusses how lessons learned from the 2008 housing crisis are being applied today toward the GSE’s goal of keeping more Americans in their homes.

CFPB has drawn up a policy statement that provides an analytical framework to assist federal and state agencies in holding companies accountable when in violation of the law.

The OCC’s latest Mortgage Metrics Report found that mortgage servicers nationwide initiated 9,166 new foreclosures in the fourth quarter of 2022, a decrease from Q3’s totals but a higher volume than recorded in Q4 2021.

Attorney T. Robert Finlay of Wright, Finlay & Zak, LLP delves into the state of California’s Homeowner Bill of Rights, and recent instances where protections against dual tracking came into play.

In its mission to deliver service for the life of each loan and beyond, Cornerstone has established its mortgage subservicing business to empower smart homeownership and sustainable growth for its clients.

Mortgage loan subservicer promotes six from within, including Rene Gonzales to Chief Technology Officer.

After severe storms destroy hundreds of homes, agency issues temporary moratorium on FHA foreclosures and vows to “help rebuild."

CoreLogic reports that the share of home loans in delinquency continues to dip nationwide, down from a high of 7.3% in the spring of 2020, and down by 0.5 percentage points from January 2022.

The Department’s Proposed Rule would revise regulations governing floodplain management and the protection of wetlands to implement the Federal Flood Risk Management Standard.

The GSE transfers a combined $926 million of mortgage credit risk to private insurers and reinsurers in its latest two CIRTs as it continues to reduce taxpayer risk by increasing the role of private capital in the mortgage market.