Servicing

The largest nonbank servicer did not offer appropriate assistance to more than 80% of borrowers with delinquent government loans after their COVID-19 forbearance ended, HUD's Office of the Inspector General claims.

Originations have plummeted and while servicing revenue exists, it could be undermined by expenses if a typical recession follows last year's rate rise.

The second-highest number of instances were recorded by the Federal Bureau of Investigation last year, but it is likely not every crime gets reported.

The Treasury has added Property Assessed Clean Energy financing for solar panels and the like to the list of approved expenses that states could authorize.

Homebuilders are among plaintiffs seeking a halt to the Federal Emergency Management Agency's overhaul.

The vendor said it'll be providing "staff augmentation" supported by a cloud-based system and data it has.

Real-estate owned numbers experienced a particularly large 38% rise from the previous month while filings climbed back to March levels after slipping in April.

A West Virginia homeowner is suing the banking giant for charges incurred when paying by phone, claiming breach of contract and violation of consumer protection laws.

Households saw an average annual decrease of $5,400 earlier this year, but recent price trends point to some of that value returning, according to a new CoreLogic report.

More than any real world problem posed by IMBs, it is the government in all of its manifestations that poses a significant risk to the world of mortgage finance and the housing sector more generally, writes the Chairman of Whalen Global Advisors.