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If it makes landfall as a Category 3 storm as was initially projected, damage from Hurricane Laura's surge could potentially devastate 432,810 residential properties in Texas and Louisiana, according to CoreLogic.
August 25 -
The number of loans going into coronavirus-related forbearance decreased for the tenth straight week, but to a lesser degree than in previous weeks, according to the Mortgage Bankers Association.
August 24 -
Late fees on loan payments and late-arriving documents tied to forbearance and loan forgiveness are just some examples of how delays caused by cutbacks at the U.S. Postal Service could affect lenders and their customers.
August 24 -
Freedom Mortgage's acquisition of RoundPoint Mortgage Servicing gives it a MSR portfolio of over $300 billion.
August 18 -
There are five separate note offerings with maturities ranging from 2023 to 2060.
August 18 -
The number of loans going into coronavirus-related forbearance decreased for the ninth consecutive week, according to the Mortgage Bankers Association.
August 17 -
Dana Wade, a former OMB official, says a strong capital footing will help the Federal Housing Administration weather an uptick in delinquencies and ensure the mortgage market is viable once the economy recovers.
August 17 -
The former attorney general for the state went her own way on the national servicing settlement, but critics claim she let OneWest off easy.
August 17 -
Travel restrictions have left hotels like Miami Beach's Fontainebleau struggling to repay their mortgage loans.
August 17 -
Its stock price, which slid since day two of trading, opened 10% on the earnings news.
August 14