Servicing

The maximums for attorney costs related to foreclosures, mediation and bankruptcy proceedings have risen, according to the government-sponsored enterprise.

Chimera Investment Corp. said that after the deal closes, HomeXpress will operate as a subsidiary of the REIT.

Filings rose at the start of 2025 following the end of a federal foreclosure moratorium, but new numbers from Attom suggest normalization of certain trends.

Covius' title services had focused on the needs of firms involved with defaults, but this acquisition from Blend pushes the shift to originations forward.

The Consumer Financial Protection Bureau pinpointed five rules that it wants the White House budget office to review. Details, however, are sparse.

Loans with alternative documentation and high combined loan-to-value ratios had more performance concerns, according to a new KBRA study.

Industry representatives indicated changes to the requirements that give servicers more leeway would be helpful to more moderate-sized companies in particular.

Closed-end home equity volume was up 13% year-over-year in the fourth quarter, outpacing HELOCs originations, which only grew 8%, TransUnion reported.

The new notes redeem older ones issued in 2018 and address the kind of near-term obligation that analysts have monitored closely at nonbank mortgage firms.

The mortgage player argues its servicing arm Shellpoint isn't subject to, nor did it violate lending laws including the Truth in Lending Act.