Servicing

The automation is aimed at ensuring compliance-sensitive information gets transferred with an audit trail in an active MSR market.

Plans rolled out by a United Wholesale Mortgage and by Fannie Mae and Freddie Mac could cut costs, but the American Land Title Association warns that the tradeoff is less protection from certain risks.

While most would consider where their next house will be due to natural disasters, only two in five would move from their current property, Freddie Mac said.

The class action complaint includes 23 plaintiffs accusing the firms of failing to protect their information, including Social Security numbers, in a cyberattack which lasted 41 days.

The Department of Housing and Urban Development is considering financial incentives for lenders and servicers working with FHA loans, and seeks industry input on the challenges involved.

The New York-based company announced it will use ACES' quality management and control software.

The move by the government bond insurer may pave the way for waivers of late fees, forbearance, modifications and foreclosure bans as the U.S. contends with damage from recent hurricanes.

The latter company helped build a platform that served a similar purpose for a nonprofit entity during the Great Recession, and later continued to support an updated version of that technology.

Wind and storm surge damage to residential and commercial properties could reach $47 billion, according to a CoreLogic analysis.

Three percent of all mortgages were 30 or more days past due on their scheduled payment or in foreclosure in July.