Servicing

The number of vacant, abandoned properties in foreclosure, while up from the third quarter, was nearly 1,800 lower than a year ago, Attom Data said.

Government lending leaders also addressed efforts to increase housing stock and affordability in a discussion at the Mortgage Bankers Association's annual conference.

The government-sponsored enterprise reported its best quarter of the year in terms of net income as well as single family business acquired as rates fell to 6.08%.

The Department of Veterans Affairs has been patient about implementation, but budgetary considerations create some concern about the program's pace.

The REIT's Newrez arm suffered a servicing valuation hit, but reported gains across each of its origination channels.

RoundPoint Mortgage Servicing says in its motion to dismiss that the borrower was required to try to resolve the dispute prior to filing a legal complaint.

Nearing the first anniversary of its acquisition of Roundpoint, the company is focusing on MSRs and will now be known simply as Two.

About 48% of mortgaged residential properties fell into the equity-rich category, slightly down from a peak of 49.2% reported in the quarter prior, per Attom's report.

If customers perceive they are dealing with a scripted chatbot, they are likely to be less satisfied with their mortgage servicer, J.D. Power said.

California's Department of Financial Protection and Innovation is requiring registration by mid-February of debt settlement firms, earned wage access providers, private secondary education financing and student debt relief services.