Servicing

The company formerly known as Ocwen improved results on several fronts even though a secondary market price change reduced origination profits in one channel.

Even as home equity withdrawals hit a two-year high, utilization rate remained less than half of normal, ICE Mortgage Technology said.

For the eighth consecutive quarter, ICE Mortgage Technology lost money on a GAAP basis. Using a pro forma calculation involving Black Knight, operating income increased from a year ago.

The government-sponsored enterprise's single-family loan purchases hit a high for the year, but benefits in other areas were lower than in comparable periods.

The number of vacant, abandoned properties in foreclosure, while up from the third quarter, was nearly 1,800 lower than a year ago, Attom Data said.

Government lending leaders also addressed efforts to increase housing stock and affordability in a discussion at the Mortgage Bankers Association's annual conference.

The government-sponsored enterprise reported its best quarter of the year in terms of net income as well as single family business acquired as rates fell to 6.08%.

The Department of Veterans Affairs has been patient about implementation, but budgetary considerations create some concern about the program's pace.

The REIT's Newrez arm suffered a servicing valuation hit, but reported gains across each of its origination channels.

RoundPoint Mortgage Servicing says in its motion to dismiss that the borrower was required to try to resolve the dispute prior to filing a legal complaint.