Servicing

Household borrowing from mortgages and other loans hit a record, outpacing inflation, a study shows.

The latest headcount reduction impacted another office previously belonging to Computershare Mortgage Services, a servicing company Newrez acquired in May.

The motion calls upon the judge to rule quickly on an Administrative Procedures Act claim involving a bank's right to reverse mortgage collateral.

Investors laying claim to 19.3% of Voxtur Analytics common stock had attempted to add new nominees, but instead the company affirmed a downsized board.

New York Mortgage Trust's 9.125% notes due 2029 may help fund new purchases of mortgages and securitizations in the private or agency markets.

North American firm Voxtur Analytics said a U.S. mortgage investor group backing a new slate of board nominees hadn't provided some information Canada requires.

The top five banks have a combined unpaid principal balance of more than $1.8 trillion at the end of Q1 2024.

Average loan-to-value ratios fell in NPL sold at both influential government-related mortgage investors, according to a Federal Housing Finance Agency report.

The Federal Housing Administration floated a mortgagee letter that increases a funding entity's responsibility for the actions of correspondents or brokers.

The agency alleged the companies had inadequate servicing resources and is calling on them to pay millions of dollars in redress and a civil money penalty.