Servicing

Lenders must ensure that compliance and risk management teams are fully staffed and supported at the highest levels of the organization, writes the director of technology product management at Wolters Kluwer.

Housing finance organizations argue that these companies are relatively small, and allowing other agencies to be the first line of defense has worked.

The uptick in loans 30-to-60 days past due was offset by a continued, significant decline in mortgages 90 days or more past due which aren't in foreclosure.

MSRs already get very punitive treatment relative to other assets and regulatory reform following the banking crisis could increase it, according to some analysts.

Three years later, the percentage who kept paying was the same as those who didn't and exited without immediate loss mitigation in place, the Mortgage Bankers Association discovered.

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.