Servicing

California Attorney General Rob Bonta and 21 other AGs urged the Consumer Financial Protection Bureau to include consumer costs for certain mortgage payment services in a review of "junk" charges.

Even though the majority of forbearance plans have ended, late payments continued their downward trend in January.

Lakeview Loan Servicing is facing eight class action lawsuits from borrowers who claim the company was negligent in protecting their information, including Social Security numbers.

The numbers suggest depositories are finding it easier than non-depositories to qualify their borrowers for foreclosure prevention programs as forbearance recedes.

But it was the second-most successful year ever for IMB originations since the Mortgage Bankers Association began collecting this data in 2008.

The Eleventh Circuit Court of Appeal split hairs and said each allegation must be examined to see whether it was not covered by the National Mortgage Settlement.

While relatively few of these consumers have applied for mortgages recently, the findings point to an untapped market that lenders might be able to reach out to as refinancing dries up.

Market conditions drove the management team at Ellie Mae to take the company private back in 2019. Could the nation's largest servicing technology provider be considering the same thing?

Servicers of Fannie Mae- and Freddie Mac-backed loans should hit pause for up to 60 days once they know the borrower has sought relief, according to the Federal Housing Finance Agency.

But experts continue to downplay the extent of the risk of a housing bubble.