Servicing

Servicers got what they asked for when the Consumer Financial Protection Bureau limited the specificity of certain requirements in its final servicing rule. Now they may regret it.

Fannie Mae is prepping servicers to handle the issues homeowners may face in the wake of severe flooding across Louisiana.

Mortgage portfolio retention strategies typically focus on proactively approaching borrowers who can benefit from refinancing. But companies are increasingly using enhanced analytics to further segment their customer base and identify borrowers on the cusp of buying a new home.

Mortgage industry hiring and new job appointments for the week ending Aug. 12.

New Residential Investment Corp. has priced a public common stock offering whose proceeds will be used to acquire mortgage servicing rights from Walter Investment Management Corp.

The delinquency rate for mortgages on residential properties during the second quarter dropped to the lowest level since 2006, the Mortgage Bankers Association reported.

S&P Global Ratings has raised Ocwen Loan Servicing's rankings for both its residential and commercial segments.

Fannie Mae has released the details of its next nonperforming loan sale, which will include its fifth "community impact" pool.

Nationstar is preparing its third securitization this year, and sixth overall, of nonperforming and inactive reverse mortgages under a Federal Housing Administration reverse mortgage program.

Morgan Stanley has completed $10.5 million in consumer relief, according to the independent monitor of the company's mortgage-backed securities settlement with New York State.