Servicing

Home Point Financial Corporation (Home Point), a Michigan-based national, multi-channel mortgage originator and servicer, announced the addition of Joe Griffin and Lynn Collins as Correspondent Institutions Managers. “Home Point’s Institutions Group is known for providing forward-looking, comprehensive services to their ...

New legislation in Washington State aims to define how and when servicers can rescue abandoned properties—learn what the law entails and its possible nationwide impact. Editor's note: This story originally appeared in the June 2018 issue of DS News, out now.

A years-long legal battle between the Bureau and PHH centered on accusations of illegal kickbacks. Read on to find out why the Bureau decided to drop the case, and what this means for the lender and servicer.

From new appointments and research to new technology and rule changes, get the latest buzz on the industry in this weekly update.

Nationstar Mortgage Holdings Inc., the parent company for the Mr. Cooper brand, announced that Francis Lobo has joined the company as EVP, Chief Business & Product Officer and President of Cooper Labs. Lobo will oversee the organization’s digital strategy and product development.

Tony Ebers was recently appointed Nationstar’s Chief Operating Officer—a newly created position. See what he plans to tackle in this exclusive interview. Editor's note: This story first appeared in the June issue of DS News, available now.

During the height of the housing crisis, approximately 30 percent of homeowners were in negative equity, owing more than what their homes were worth. A decade later, how have those numbers changed? Click through to read a recent report providing new insights into underwater mortgages.

The new managers will help Home Point Financial enhance its correspondent institution lending products and services and help grow the team in this business.

The frequency of loan defects, fraud, and misrepresentation in the information submitted in mortgage loan applications remained flat in April 2018, but increased slightly over April 2017. That’s according to the latest release of the Loan Application Defect Index, published Wednesday ...

Policies promoting diversity and inclusion offer many benefits from both practical and ethical standpoints. On Wednesday, May 30, the American Mortgage Diversity Council presented a complimentary webinar delving into why D&I also make good business sense. If you missed out ...