Tag Archives: mortgage servicing

The CFPB found shortcomings in loss mitigation due diligence, HECM resolutions, and charging excessive late fees but also identified servicers’ resolutions of these issues.

Byrne joined Colonial in 2014 after serving as Director of Digital and Visual Media for the College of Media and Communication at Texas Tech University.

The servicing transaction worth $48 billion will give Mr. Cooper access to the Seterus mortgage servicing platform and assume some of its assets.

Default servicing costs have skyrocketed over the past decade, leaving servicers lost in a jungle filled with compliance overhead, complicated investor rules, and unfair penalties. Editor’s Note: This feature appeared in the November issue of DS News.

Here’s what a report revealed about the factors contributing to the ups and downs in mortgage balances and delinquency rates.

Home Point Financial Corporation (Home Point), a national mortgage originator and servicer based in Ann Arbor, Michigan, announced that Tim Fitzgerald has joined the company as Managing Director–Regional Manager.

Terrence Laughlin, 63, had been a trustee of the Urban Institute since 2015 and was vice-chairman at Bank of America.

Warning signs are flashing in the housing market, says Lakshman Achuthan, COO and Co-Founder of the Economic Cycle Research Institute in New York.

Black Knight, Inc. has introduced LoanSphere Servicing Digital, a new solution to help mortgage servicers deepen customer relationships and increase retention. LoanSphere Servicing Digital delivers detailed, timely, and highly personalized information to customers about the value of their homes.

What trends are impacting the landscape of lending and servicing in 2018? A new survey from the American Bankers Association seeks to provide insights into that topic, having polled 161 banks to assemble its data. The ABA’s 25th Residential Real ...