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The proposal would add reforms aimed at broadly prioritizing owner-occupant access and end the "test" or "demonstration" mode these sales have been in since 2002.
July 17 -
Further efficiencies could aid servicers, and improved performance may be a reason for lenders to open the credit box, experts at an Urban Institute event said.
July 16 -
The Congressional Budget Office acknowledged limitations in its research of expected flood damage data.
July 16 -
A Rocket Mortgage securitization is the first private investor deal with a high share of e-notes, and the company is considering use with another loan product type.
July 15 -
Property insurance and taxes account for over one-third of current loan performance risk, according to Auction.com's recent survey of default servicing leaders.
July 12 -
Second quarter margins at the three big banks were lower versus three months' prior, missing Keefe, Bruyette & Woods expectations of a flat comparison.
July 12 -
On the whole, foreclosure times are back where they were before the pandemic, but in one state the average is over 10 years, according to Attom's latest data.
July 11 -
The descriptions for remedies and indemnification have the most significant changes and more details were added throughout.
July 10 -
The total insured wind and storm surge losses in Texas will be between $700 million and $1.5 billion, Corelogic estimates.
July 10 -
The Consumer Financial Protection Bureau has proposed requiring that mortgage servicers exhaust all efforts at assisting struggling borrowers before moving ahead with a foreclosure.
July 10