Servicing

New York's banking regulator unleashed a verbal assault on nonbank servicer Ocwen Financial Wednesday, saying the company's claims about tech-driven efficiencies are "too good to be true."

Centralized databases inside the loan origination system provide an efficient way to comply with the Qualified Mortgage requirements and more efficiently use loan information from origination to servicing and securitization.

Too much capacity and the cost of compliance will have other mortgage originators and servicers looking for buyers.

An ad campaign begun by the Federal Housing Finance Agency may come too late to boost refinancings by underwater borrowers with loans owned by Fannie Mae and Freddie Mac.

The court’s finding in one case is consistent with the provision in the mortgage that allows the lender to do whatever is necessary to protect the value of the property.

Now that many experts are heralding the end of the foreclosure crisis, we are seeing fewer headlines about the shadow inventory that servicers are holding in their portfolios.

The Consumer Financial Protection Bureau's new notification requirements for property valuations have rekindled old debates over appraisal alternatives and are expected to add costs alongside yet another layer of mortgage litigation risk.

Life insurers have gotten burned in commercial lending before, but spectacular credit performance is reinforcing their persistent love of the niche.

Thousands of eligible GSE borrowers could benefit from the federal refinancing program, the Urban Institute estimates.

There were 385 more new notices over December but a higher number of loans cured and more claims were paid.