Servicing

Mortgage professional hiring and new job appointments for the week ending Oct. 2.

JPMorgan Chase has paid off $3.56 billion of the $4 billion it owes in consumer relief credit as part of a 2013 settlement over marred mortgage-backed securities issued before the crisis.

Ginnie Mae's plans to beef up oversight in response to the growth of nonbank issuers in its ranks will emphasize deeper analysis of firms' capital and liquidity positions rather than requiring issuers to maintain larger cash reserves.

Freddie Mac has taken out another reinsurance policy that transfers the risk that mortgages it insures will default.

Home prices nationwide rose 0.4% from June to July, according to Black Knight Financial Services.

Fannie Mae has completed a credit risk sharing transaction that transfers the actual losses on mortgages it insures — to reinsurers.

Despite a recent dip, U.S. loan delinquencies are on a steady downward slope, according to Black Knight Financial Services.

Communication between homeowners and their servicers remains the most frequently reported challenge for housing counselors, the National Foreclosure Mitigation Counseling program said.

Mortgage professional hiring and new job appointments for the week ending Sept. 25.

Ocwen Financial Corp. announced that it will lay off approximately 300 residential servicing employees at its facility in Waterloo, Iowa.