According to the latest Wolters Kluwer Regulatory & Risk Management Indicator survey, data reveals regulatory change management as a key challenge.
Read More »The Rising Cost of Mortgage Fraud
A new analysis from LexisNexus examines the increase in costs for originators, servicers and settlement firms related to mortgage-related fraud costs.
Read More »Webinar Spotlight: Mortgage Servicing, Increasing Control and Efficiency
A recent Five Star/Messagepoint webinar discussed how redirecting the borrower communication process can reduce cycle times and costs, and deliver an enhanced borrower experience.
Read More »Sean O’Neil Appointed EVP, CFO of Ocwen
With years of experience in financial services companies across the globe, O'Neil will be responsible for leading the company’s global finance organization.
Read More »Homeowners Continue to Face Challenges After the Pandemic
“While many mortgage servicers are successfully assisting borrowers to avoid foreclosure, today's report highlights that some servicers are lagging their peers and are less well-equipped to assist borrowers who have exited pandemic housing protections,” said Rohit Chopra, CFPB Director.
Read More »Fitch: RMBS Servicers Largely Weathered the Pandemic
Thirty-two of the 40 Fitch-rated RMBS firms have received “stable” ratings since being downgraded at the onset of the pandemic.
Read More »The Week Ahead: Positive Jobs Report to Boost Forbearance Exits?
After 17 weeks of declines in the number of forbearance plans nationwide, the MBA announces its latest survey findings on Tuesday, as a strong June jobs report could send more out of plans and back onto the road to economic recovery.
Read More »Servicers Prepare for Forbearance Exits
A recent DS News webinar addressed how servicers have handled customers during the pandemic and what lies ahead as nearly two million Americans prepare to exit their forbearance plans.
Read More »CFPB Proposes Plan to Avoid Foreclosure Surge
The CFPB is suggesting a number of ways for the nation’s servicers to deal with a potential windfall of foreclosures as nearly 2.5 million homeowners prepare to exit forbearance plans.
Read More »Mortgage Servicers on the Wrong End of CARES Act
Here's how the structure of the mortgage assistance program in the CARES Act can increase the proportion of nonperforming loans and cause mortgage servicers to bear the cost.
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