Servicing

The major government-related secondary-market loan buyer is moving to a new approach that mortgage companies can start transitioning to later this year.

Short-sale transactions increased 4% from 2023 to 2024, nearly 10% from 2024 to 2025 and about 16% annually in the first quarter of this year, according to Realtor.com.

While raising concern, foreclosures were returning to normal historical trends, with timelines also shortening in the first half of 2026, Attom said.

Randian Capital, which has limited influence due to its small stake in the top mortgage company, is recommending a new strategy for the servicing portfolio.

LegalShield's foreclosure index rose 12.2% year over year in the second quarter this year. It peaked at 54.7 in May, the highest level since March 2020.

The deal has Carrington employing the fintech's AI agents at servicing contact centers to work either autonomously or as assistants to human personnel.

Three more states passed title fraud legislation this past quarter, but over two dozen states are either still mulling reforms or have no relevant statutes.

Colorado homeowners pay the highest premiums at $463 a month, as insurance costs now exceed property taxes in 15 states, LendingTree found.

New York's new law requiring lenders to honor their own mortgage payoff instructions reduces delays and costs for consumers, argues the American Land Title Association.