Servicing

For the second consecutive quarter, the real estate investment trust recorded GAAP net income as it prepares to be acquired by CrossCountry Mortgage.

The sale comes several months after private equity firm Hale Capital Partners acquired the financially troubled company formerly known as Voxtur Analytics.

The industry leaders are sparring over refinance business from a Mr. Cooper portfolio, and UWM contends it didn't specifically try to harm its rival.

The drop in the annual metric for FHA loans was the biggest in over four years but other performance indicators ICE Mortgage Technology tracked were mixed.

The company reported a nearly $600,000 loss as it navigates the loss of Rithm-related business and pushes for a more diversified revenue model.

Chase edged out Rocket for the top spot in the annual mortgage servicer customer satisfaction survey, with depositories in seven of the top 10 spots.

Correspondent volumes and the servicing portfolio were flat to lower but Onslow Bay was nevertheless the top conventional MSR investor in the first half.

The Federal Housing Administration's demonstration project would allow payments to be deferred without placing a subordinate lien on a primary mortgage.

HUD found financial mismanagement, inadequate fraud controls, false certifications and improper payments within the Virgin Islands Housing Finance Authority.

As non-QM lending keeps growing, RiskSpan says its new tool gives lenders and investors a better way to judge borrower risk