Through the sub-servicing partnership, RoundPoint Mortgage will service the borrowers for Bay Point Advisors.
Read More »TransUnion Unveils Solution to Extend Real-Time Credit Offers
TransUnion announced the launch of Mobile Offers Now, which helps financial institutions respond to consumer service expectations.
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 »Delinquencies Remain Low But Household Debt Rises
Household debt rose to record highs according to the quarterly household debt and credit report released by the New York Fed. What is the share of mortgages in this increasing debt?
Read More »FHA Provides Relief to Hurricane-Affected Homeowners
An updated policy on default and foreclosure for FHA loans is aimed at helping struggling borrowers in Puerto Rico and the U.S. Virgin Island impacted by Hurricanes Irma and Maria. See what the FHA said to mortgage servicers and lenders about this policy.
Read More »Can Consumers Fulfill Their Debt Obligations?
While consumers expect the access to credit to tighten over the next few months, here’s what a New York Fed survey revealed about consumer expectations on home prices and debt payments.
Read More »Courts Address Condo Laws, But Questions Remain
A pair of recent court rulings sought to address lingering questions in the arena of Illinois condo foreclosure law, but seemingly contradictory sets of guidance have left stakeholders in need of further clarification.
Read More »Credit Scores and Loan Prepayment Speed
Are prepayment speeds related to credit scores? A recent webinar on residential mortgage servicing rights gave some new insights about the prepayment of loan products and FICO scores by comparing conventional and government mortgages.
Read More »Michael Kuentz Named CEO of Lenders One
Kuentz, a 20-year industry veteran will oversee the strategic execution at Lenders One as well as continue to lead and manage the cooperative’s sales effort of the cooperative.
Read More »Black Knight Revenue Increases in Q2
Black Knight announced its Q2 earnings recently along with its results for the first half of the year. Here are the details.
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