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Other servicing gains helped Mr. Cooper profit despite negative mark-to-market valuations and cyberattack costs that led to lower consecutive-quarter results.
February 9 -
The quarterly rise in late payments on Federal Housing Administration loans was more than five times the increase for home loans overall.
February 8 -
The original lawsuit was one of several filed in 2014 in a coordinated effort among federal and state regulators aimed at fraudsters trying to cheat distressed mortgage borrowers.
February 8 -
The added revenue from servicing plus the data and analytics segment helped to improve the quarter-to-quarter results at the mortgage technology behemoth.
February 8 -
The real estate investment trust lowered its dividend to 25 cents a share after the company realized a nearly $59 million loss on a Philadelphia office loan.
February 7 -
Markdowns on its MSR portfolios drove the company into the red, even as originations and servicing operations both saw profits.
February 7 -
The majority of users are looking for new credit lines and others want to improve their scores. Credit monitoring by consumers may be a good indicator of both, Transunion found.
February 6 -
There will still be local oversight. Incentives to maintain registered offices will include listing in an online lender search tool and access to certain data.
February 5 -
Multiple mortgage companies are returning to the unsecured debt market for the first time since 2021, according to a new Fitch report. Here's why.
February 2 -
Chairman and CEO of Pennymac, David Spector, said the one-time cost will allow the company to retain ownership of a proprietary system that could build value for investors.
February 1