Servicing

Compliance costs are a wild card that is hurting profits.

The recent drop in interest rates has opened the door for lenders to refinance borrowers with high-cost Federal Housing Administration loans into conventional Fannie Mae and Freddie Mac loans.

New York banking regulator Benjamin Lawsky is sending a new warning shot over the bow of Ocwen Financial, which has been scrutinized by regulators for more than a year.

But the payoff for the agency is that it increases the availability of credit for consumers.

A growing number of industry insiders find mortgage lending compliance may slow down but will not stop increased demand for electronic transactions.

Ginnie Mae on Monday released updated net worth and liquidity requirements for issuers of mortgage-backed securities.

WASHINGTON — Two key Democrats are asking the Government Accountability Office to investigate the financial stability of nonbank mortgage servicers and potential harms to borrowers.

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Home retention strategies outpaced foreclosure sales in August by a five-to-one ratio, according to the Hope Now alliance.

Changes to representation-and-warranty contracts are also expected to be announced at the MBA Annual.