Servicing

Online real estate auction marketplace adds 15-plus-year industry veteran to lead tech initiatives to create and source transformative technology solutions.

Areas with a higher risk of flooding are seeing an increase in the rate of mortgage application denials and withdrawals, while risks associated with other climate events are having little impact on mortgage lending in those areas.

For the 16th consecutive month, mortgage delinquencies slid month-over-month in July, however continued inflationary concerns by homeowners is proving increasingly difficult for them to make their monthly mortgage payment.

President Biden has issued a major disaster declaration for several Florida counties, after an estimated $22-$32 billion in wind losses for residential and commercial properties due to Hurricane Ian.

The Five Star Institute and PHH Mortgage will present a webinar addressing the state of the MSR market, and what lies ahead in 2023 for lenders and the subservicing sector.

John Vella, Chief Revenue Officer of Selene Finance LP, sits down with DS News to discuss the state of the servicing sector, as well as lessons learned from listening and working with borrowers on the path to a successful resolution of their forbearance plans.

CoreLogic estimates that residential and commercial property loss from Hurricane Ian’s wind and storm surge damage will make it the costliest storm to hit the Sunshine State since Hurricane Andrew in 1992.

A donation from the Wells Fargo Foundation to be dedicated toward disaster relief efforts in Puerto Rico to rebuild the region in the wake of Hurricane Fiona making landfall.

Fix-and-flip investors enjoyed another strong quarter in Q2, as the total number of properties flipped nationwide was the second-highest ATTOM recorded over the past 22 years.

While overall mortgage servicers’ portfolio volume of loans in forbearance continues to dwindle, Ginnie Mae loans in forbearance increased in August, with approximately 360,000 U.S. homeowners currently in forbearance plans.