Servicing

Mortgage loan application defect risk is at the lowest point since First American started tracking this data, strictly as a function of the shift to a refinance market.

While the overall foreclosure rate fell, the share of zombie properties grew in the first quarter of 2020, according to Attom Data Solutions.

Ginnie Mae in 2020 is going to seriously examine what it would take to respond to a longstanding, priority request of its issuers.

Distressed mortgage servicing costs are falling and that's primarily due to the market's stability, but it also reflects improved efficiencies that may help in a weaker economy.

The cancellation by New Residential of a money-losing subservicing agreement should benefit Ocwen's financial results going forward, the company said.

Mr. Cooper Group reported fourth-quarter net income of $461 million, aided by the recovery of its deferred tax asset and a positive mark-to-market on its servicing portfolio.

The Department of Housing and Urban Development asked mortgage servicers and other stakeholders to respond quickly to a proposed set of foreclosure-sale policy improvements so it can finalize them soon.

Black Knight introduced a model to gauge prepayment speeds and credit risk for investors that purchase commercial mortgage-backed securities.

The number of new foreclosure lawsuits filed in Hawaii declined in 2019 to mark a sixth consecutive year of fewer cases mostly against homeowners struggling with mortgage debt.

Equifax has released a series of bundled services aimed at helping financial institutions use data and analytics to manage tasks associated with the process of servicing mortgage loans.