Servicing

The deal announced on Wednesday seeks to stabilize Boston's tax system, which relies heavily on commercial property revenue and has been thrown off balance by the slump in office demand. 

The company's earnings looked more favorable when adjusted for the one-time charge, and it reported record levels of liquidity during the quarter.

Looking ahead, the fintech views cross-selling products to customers as a strategy to expand its business and increase market share in the industry.

The post-pandemic normalization of the housing market, economic factors and natural disasters, are contributing to the rise in late payments, ICE Mortgage Technology said.

A pair of mortgage technology providers are bringing out tools to increase customer retention rates among servicers and originators.

The economy and the environment are impacting loan entries into forbearance, as well as their performance on exit, the Mortgage Bankers Association said.

The bank had asked for partial summary judgment on an Administrative Procedures Act claim in the case involving its right to some reverse-mortgage collateral.

Mortgage borrowers will begin speaking with the enhanced chatbots early next year.

Recent polling an industry group analyzed points to a range of outcomes that could create opportunities and risks for commercial and residential financing.

Losses related to natural disasters and other perils rose for the seventh year, and that costs both insurers and consumers more money, LexisNexis said.