Servicing

Blockchain technology promises to streamline how mortgages are managed at every point in their life cycle. But it will take an industrywide embrace for blockchains to reach their full potential.

MGIC Investment Corp.'s first-quarter net income beat analysts' estimates due to favorable loss development and that should be seen with the other private mortgage insurers.

Ditech Holding Corp. lost $426.9 million in 2017, with almost half of that recorded during the fourth quarter, when the company filed for bankruptcy.

Blockchain technology can support a number of core technology issues plaguing the mortgage industry, including data integrity, security, distribution and compliance.

First-quarter mortgage banking results at Wells Fargo and JPMorgan Chase were weaker than Keefe, Bruyette & Woods forecast due to lower-than-expected gain-on-sale margins.

Mortgage industry hiring and new job appointments for the week ending April 13.

The New York Department of Financial Services is fining Nationstar Mortgage $5 million for failing to comply with servicing and origination regulations as it grew between 2012 and 2014.

Situs subsidiary MountainView Financial Solutions is brokering a $6.1 billion package of government-sponsored enterprise and Ginnie Mae servicing rights.

Mortgage foreclosure filings decreased 16.5% in Luzerne County, Pa., last year, and year-to-date figures indicate the decline may continue in 2018.

Mortgage industry hiring and new job appointments for the week ending April 6.