Servicing

Widespread efforts to save money couldn't entirely counteract the impact of continually rising commissions, compensation and other costs.

Cases increased at an average of 14.5% from 2021 to 2022, a LexisNexis survey found.

Grand View Financial promised vulnerable homeowners debt payoff assistance, but its clients all ended up losing their properties.

Now that the national emergency is over some — but not all — government-related entities have set what may be final deadlines for this form of pandemic relief.

But the percentage of loans in workout no longer current increased in April, the Mortgage Bankers Association found.

Following sales to Mr. Cooper and The Loan Store, the wholesale giant reported originations of $891.2 million between January and March.

Although issuance of new securitizations has been low compared to year-ago levels, it rebounded as spring buying began

The seasonally adjusted decline was in line with a low unemployment rate, but that could change later this year, according to the Mortgage Bankers Association.

The Dallas-based lender will assume close to $1.1 billion of conventional mortgage servicing rights, roughly $600 million in tangible equity and $500 million in outstanding Home Point 5% senior notes.

On a non-GAAP basis, the company reported better results on a year-over-year basis, Chairman, President and CEO Mat Ishbia said.