Servicing

Closed-end home equity volume was up 13% year-over-year in the fourth quarter, outpacing HELOCs originations, which only grew 8%, TransUnion reported.

The new notes redeem older ones issued in 2018 and address the kind of near-term obligation that analysts have monitored closely at nonbank mortgage firms.

The mortgage player argues its servicing arm Shellpoint isn't subject to, nor did it violate lending laws including the Truth in Lending Act.

While attention traditionally focuses on damage to coastal markets, the economic effects stretch into "safer" communities nationwide, according to Cotality.

The company anticipates a $139.8 million contingency liability and nearly $60 million related expense in a court battle with Pine River Capital Management.

Uncover the key reasons why lenders should care about liner failures and how environmental risks can derail loan performance when ignored during review.

Demand is brisk enough that zombie home counts have stayed low, according to Attom, which is nevertheless keeping an eye on rising distressed mortgage activity.

While mortgage originations increased, borrowers focused their attention on big-ticket items, as credit account balances flattened overall, Vantagescore said.

The regulator says its prior amicus brief, which cited the Fair Debt Collection Practices Act and sided with borrowers, was no longer valid.

The reverse stock split, consolidating eight shares into one, is designed to bring the Luxembourg-based company back into listing compliance on Nasdaq.