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PHH Corp. reported a bigger loss in the fourth quarter, on costs to restructure its business and a loss on sales of mortgage servicing rights.
February 25 -
Amid growing scrutiny of how the hand-off of mortgages is managed after loan closings and bulk sales, servicers are working to automate the entire process to create a consistent and accurate onboarding experience for borrowers.
February 25
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Fannie Mae has sold a pool of about $13.2 million of nonperforming loans to New Jersey Community Capital.
February 25 -
Nationstar Mortgage is in the market with the second rated securitization of what are nonperforming Home Equity Conversion Mortgage loans, according to Moody's Investors Service.
February 24 -
The Treasury Department will invest an additional $2 billion from the Troubled Asset Relief Program into a federal fund that seeks to protect homeowners from foreclosure.
February 22 -
Mortgage loan delinquencies declined in January, according to Black Knight Financial Services.
February 22 -
The number of properties in foreclosure nationwide declined in January, according to RealtyTrac.
February 19 -
The Department of Housing and Urban Development will provide $40 million in grant money to organizations that provide counseling to prospective homebuyers.
February 19 -
Ocwen Financial has tapped Phyllis Caldwell to become its new chairperson.
February 19 -
NMI Holdings should become profitable for the first time in the second half of 2016 as its insurance-in-force is expected to go over $21 billion.
February 19
