Servicing

The Consumer Financial Protection Bureau said in an annual report to Congress that unpaid medical debt is plagued by inaccuracies, and that consumers are often faced with opaque pricing and uncertain insurance coverage.

Because the measure of the insurance fund's soundness remained well above its target, trade groups asked whether the cost of coverage could be further reduced.

At least two legal actions have been filed in a Texas federal court.

A final hearing on the decision in the suit regarding convenience fees will take place early next year.

Policymakers are exercising restraint when it comes to the MBS portfolio for now but they'd still still like to sell, panelists at an industry conference said.

An article's handling of COVID loan forbearance for veterans is an unfortunate example of how American journalism has become compromised by progressive politics, often by ignoring or twisting the facts, writes the chairman of Whalen Global Advisors.

The market could find out next year how well foreclosure prevention innovations and home equity protect borrowers from growing strains on affordability.

The former investment type added to net earnings, but a tough market hurt some sectors of it during a quarter in which the company experienced mixed success with M&A attempts.

The company posted net income of under $301 million in the third quarter, including a $93 million positive mortgage servicing mark.

The lender and servicer is still planning for another $120 million in annualized expense reductions in the next few quarters.