Servicing

The top five banks had a combined unpaid principal balance of nearly $1.8 trillion at the end of the third quarter of 2024.

The wildfires are expected to have a limited effect on loan pricing and delinquencies, but other expenses could rise, adding to the cost of a mortgage.

The Department of Housing and Urban Development did not assign any fault or liability in conjunction with the "historic" settlement.

The top five banks had a combined servicing value of more than $25 billion at the end of the third quarter.

California's governor previously prohibited price gouging for building materials and housing services after wildfires destroyed or damaged 12,000 structures.

The Palisades fire, stretched across an area larger than Manhattan and where the median home price approaches $4 million, has damaged or destroyed more than 5,000 structures.

A surge in overall employment added to upward pressure on the 10-year Treasury yield, likely making the industry think twice about its cautious payroll growth.

The Federal Housing Administration has released its first non-draft update of guidance on which defects it's most concerned about and what to do about them.

Bayview Asset Management and three affiliates settled multistate allegations that their handling of a 2021 data breach failed to meet certain standards.

Slowing home price appreciation caused Milliman's mortgage default index to increase from quarter to quarter.