Servicing

The potential expansion of credit scoring models and the handling of post-foreclosure sales are just some of the issues at hand.

A Federal Reserve Bank of Philadelphia research group called the early indication of outcomes “concerning given overall strong market conditions.”

As an industry, we often fail to recognize Retention mortgage loan originators for their unique skill sets, flexible attitudes, ability to close loans with minimal support staff and their value to investors seeking to monetize assets, writes Planet Home Lending’s VP of retention.

One of the secondary market alternatives the Federal Home Loan Banks of Chicago and Indianapolis offer has a new servicing partnership with PHH, and interest in further cultivating their community lending potential is growing.

Most distressed borrowers who obtained adjustments to their payment amounts saved more than 20% in the first quarter, according to the Federal Housing Finance Agency.

Climate change is increasing the frequency of wildfires, hurricanes and severe winter storms; yet in areas most vulnerable to them, property value growth exceeds the national average, a new report finds.

The package of Fannie Mae, Freddie Mac and Ginnie Mae MSRs has some unusual geographic concentrations and a nearly 2.63% delinquency rate, including foreclosures.

The newly revealed victims were affected by the previously disclosed cyberattack, which went undetected for 41 days between September and December.

Foreclosure starts also fell, coming in below pre-pandemic pace, according to Black Knight.

Following the third most active season on record, the 2022 forecast predicts La Niña will drive increased Atlantic storm development.