Computershare Loan Services (CLS), a global leader in mortgage servicing, announced its intent to acquire LenderLive Network, LLC, a leading fulfillment and secondary market service provider in the U.S. mortgage industry. Founded in 1999, LenderLive Network (LLN) has offices in the Denver, Los Angeles, and Jacksonville, Florida, areas.
Read More »Refis at Fannie, Freddie Decline in Q2
In its quarterly refinance report, the FHFA revealed that refinances at the GSEs had decreased in the second quarter. However, borrowers are still applying through HARP, a program that is scheduled to expire on December 31, 2018. Here's why.
Read More »Ginnie Mae’s Outstanding MBS Balance Approaches $2T
The Government National Mortgage Association has released an update on its issuance and outstanding unpaid balances of mortgage-backed securities. Click through to learn more about the state of Ginnie Mae's MBS issuance.
Read More »How the Fed’s MBS Holdings Stimulate Housing
Experts from the Federal Reserve Bank of New York dived into the Fed’s MBS purchases to determine their impact on the economy and the housing market. Here’s what they found.
Read More »Fannie Mae Earnings Increase in Q2
Fannie Mae’s earnings are up, and its delinquency rates have returned to their downward slide after a hurricane-driven increase late last year. Here are the details.
Read More »Freddie Mac Announces Q2 Results
On Tuesday, the GSE provided an update on how it fared during 2018’s second quarter, spotlighting “strong business revenues” and a “favorable litigation judgment.” Click through to learn all the details.
Read More »The Rising Risk of Defaults in Refis
A recent report found that cash out refi loans at a higher risk of default than purchase loans. Click through to learn what’s causing refinance loans to have a higher stressed default rate.
Read More »Non-Bank RMBS Servicers Retreating from Delinquent Loans
As re-performing loan product continues to fall, non-bank servicers are backing away from delinquent borrowers, according to a report. Here’s where they’re concentrating instead.
Read More »Legal League 100 Fall Summit—Sneak Preview
The Legal League 100, a premier professional association of financial services law firms, has released a promotional video for its Fall Servicer Summit. Click through for a quick look at what’s in store as part of this year’s Five Star Conference & Expo.
Read More »The State of Re-Performing Loans
A recent webinar took a deep dive into re-performing residential loan valuations, with insights from three subject-matter experts. Click through to view a full recording of the presentation.
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