Servicing

While multifamily late payments were flat, hotel properties continued to improve but office performance deteriorated significantly from the first quarter, the Mortgage Bankers Association said.

While the divestment alleviates one of the concerns the Federal Trade Commission had regarding the combination with Intercontinental Exchange, question marks abound.

The share of homeowners late by 30-59 days got slightly higher but remained below 1%, according to the Federal Housing Finance Agency.

The home lending shop is suing LoanCare for negligence in how it managed loans from 2012 to 2016.

Over 111,000 distressed mortgage holders opted into a loan modification program during the COVID-19 pandemic by using a designated digital platform or app, according to Black Knight.

Americans are so desperate to break free from credit card, mortgage and auto loan debt that they'd resort to dangerous deeds, a survey by Beyond Finance found.

But the volume of activity for distressed properties is still lower than the historic norms, Attom Data Solutions said.

The case brought by the Westchester, New York District Attorney alleged the perpetrators stole three properties from distressed owners and unlawfully obtained $1.5 million of fix-and-flip financing.

Construction is heating up, but just 40% of new units are single-family residential properties, the firm's data analytics arm said.

After a Supreme Court ruling, forgiveness for education debt looks unlikely but some of those exiting forbearance for it get a year-long break on credit and fees that could be helpful.