Servicing

The bank had asked for partial summary judgment on an Administrative Procedures Act claim in the case involving its right to some reverse-mortgage collateral.

Mortgage borrowers will begin speaking with the enhanced chatbots early next year.

Recent polling an industry group analyzed points to a range of outcomes that could create opportunities and risks for commercial and residential financing.

Losses related to natural disasters and other perils rose for the seventh year, and that costs both insurers and consumers more money, LexisNexis said.

Ginnie Mae and the industry work with multiple agencies and a coordinator would bridge the gap but some question the concentration of power in such a position.

Ginnie Mae is more concerned about a small economic downturn than a large one and is working with other public entities to prepare and survive should it come to pass.

As this year's natural disasters bring heightened attention to the cost and availability of homeowners insurance, servicers often find themselves caught in the middle when customers see premium hikes.

The process is still taking over two years on average across the country to complete.

The management changes come amid speculation that competition between Mr. Cooper and another player that's been more focused on digital operations is heating up.

Half a million single-family and multifamily homes in Tampa Bay and Sarasota are at risk of storm surge damage, Corelogic's report said.