Servicing

Shellpoint Mortgage Servicing said it "unfortunately" ok'd the transaction when an individual posed as a homeowner using state and federal identifications.

Joseph Gormley has been nominated as Ginnie Mae's first permanent president since May 2024, with industry leaders praising his housing finance expertise.

More powerful storms and pricier building costs are behind the increases in premiums, said the report's authors.

The Senate bill would make forbearance available to homeowners directly impacted by extreme-weather events, including 2025 California wildfire victims.

Even with a disappointing Spring home sales season, Rocket had higher purchase volume each month, and based on approval letters, expects a strong third quarter.

The company's mortgage segment is working alongside ICE Bonds to incorporate data and provide greater transparency in securities trading.

The bill, introduced by Rep. Derrick Van Orden, creates a permanent partial claim program for veterans.

While rising national home values leave close to half of owners on solid financial footing, growth in seriously underwater loans points to pockets of stress.

The company identified opportunities and challenges amid market disruption in the quarter and revealed expansion in some mortgage-related business lines.

Rithm Capital said it is focused on optimizing Newrez's potential to support the full business, pointing to opportunities in servicing and non-agency lending.