Servicing

Genworth Financial Inc. posted a third-quarter loss of $844 million, driven by costs tied to its long-term care insurance operation.

Freddie Mac will return $2.8 billion to the Treasury Department next month, bringing its total payments to about $20 billion above what it got in aid after the 2008 credit crisis.

PHH Corp. reported higher third-quarter profits compared to last year, driven by gains from the sale of its fleet management business.

United Guaranty Corp. reported higher third-quarter earnings compared to last year, due to a drop in first-lien claims.

Mortgage credit availability dropped in October due to the removal of special loan programs pertaining to real estate owned sales, according to the Mortgage Bankers Association.

Mortgage aggregators that paid billions of dollars in fines over faulty loans may soon play a new role: plaintiffs in their own lawsuits against originators.

Outsourcing of labor amongst mortgage servicers may cause problems for the private-label residential mortgage-backed securities market, according to Fitch Ratings.

Wide-ranging efforts to reform Home Equity Conversion Mortgage lending and servicing practices are designed to close loopholes and resolve policy inconsistencies, but some obstacles remain unresolved and more work needs to be done.

The Hope LoanPort platform has activated a web portal designed to support foreclosure prevention counseling and loss mitigation.

A recent survey shows a very large number of mortgage lenders worry about loan quality and Truth in Lending Act and Real Estate Settlement Procedures Act Integrated Disclosure Rule compliance costs.