Servicing

Trade groups welcome a proposed reverse-mortgage option for buyouts and are working with Ginnie Mae to hammer out the final operational details.

The lawsuit, which the plaintiff seeks class certification for, involves a transfer, overpayments during a grace period and allegations of improper late fees.

Total mortgage delinquencies dropped but Hurricane Beryl boosted late payments locally and runoff risk surged, Intercontinental Exchange's First Look report shows.

Fay disputes claims it violated servicing laws and a previous order related to dual tracking allegations but agreed to settle without admission of wrongdoing.

From a "dislocation" in single-family servicing to a spike in a multifamily performance indicator, Q2 numbers point to emerging opportunities and risks.

The banking giant's sale of the non-agency, third-party portion of its commercial servicing business will boost the buyer's position in the securitized market.

Independent mortgage bankers, for the first time in two years, turned a profit on a per loan basis for their production, the Mortgage Bankers Association found.

Capacity reductions seem to be in their endgame as clients are looking to focus on revenue growth and market share, Boston Consulting Group said in its second quarter 2024 wrap.

Investor demand for loans made outside the qualified mortgage definition can shift over time. It's recently been going through a period of particular strength.

Benutech's former CEO will head Voxtur, which is selling a majority stake in Blue Water Finance Technologies and repositioning itself in real estate lending.