Tag Archives: Loan Modifications

Atlanta-based servicer Ocwen Financial Corporation on Tuesday released the details of its earnings for Q1 2018, reporting a net income of $2.6 million for the three months ended March 31, 2018. This is up considerably over Ocwen’s Q1 2017 net ...

United States tax policy has been in the spotlight in recent months, with President Trump signing the Tax Cuts and Jobs Act into law in December, and experts debating what the long-term impact of the bill will be ever since. ...

On Tuesday, Fannie Mae announced its sixth sale of reperforming loans. Reperforming loans are mortgages that had become delinquent, but which have recovered thanks to borrowers either catching up on their payments or working to secure loan modifications. This sixth ...

Collectively, Fannie Mae and Freddie Mac sealed 18,034 foreclosure prevention actions back in October, bringing the combined total to 3,990,723 since the GSE conservatorships launched in September 2008, so says the Federal Housing Finance Agency’s (FHFA) October 2017 Foreclosure Prevention Report. By ...

More homeowners are working with the GSEs to keep their homes, but what’s driving the sudden increase in foreclosure prevention actions?

The latest Mortgage Metrics Report from the Office of the Comptroller of the Currency found substantial improvement in first-lien mortgage performance.

How would the U.S. Department of the Treasury tweak the housing finance system to better serve consumers and promote homeownership?

Recent loan modification data shows a huge achievement since the housing crisis. What has the industry done to continue preserving homeownership?

Wisconsin-based Fiserv, Inc., has announced an agreement with California-based CoreLogic which will reduce default risk and improve the cost and time of servicing.

The OCC reports improvement across the board for recent mortgage metrics, but what have servicers done to make this possible?