Servicing

Through this partnership, lenders and AMCs will now have an all-in-one solution that helps them manage workflow, ensure compliance and mitigate risk in the appraisal review process.

Mortgage Builder is seeing a large spike in the number of people utilizing their work groups talking about key industry issues.

CoesterVMS has launched a self-serve online platform that allows lenders to verify compliance with all third-party regulations set forth by the Consumer Financial Protection Bureau every time an appraisal is completed.

Rhode Island Supreme Court justices in a ruling held that naming Mortgage Electronic Registration Systems as mortgagee is consistent with Rhode Island law.

The Department of Housing and Urban Development introduced an expansion of Federal Housing Administration forbearance relief for borrowers affected by Hurricane Sandy.

The Consumer Financial Protection Bureau has clarified an important aspect of its servicing rule that provides a limited exemption for small banks.

While praising the mortgage industry for the promising amount of customer relief delivered so far, Joseph A. Smith Jr., monitor of the national mortgage settlement has three specific concerns in his 2013 agenda.

For the first time in 10 months, there has been an increase in delinquencies in the loans which are part of commercial mortgage-backed securities.

Wells Fargo’s mortgage volume fell in consecutive three-month periods during the fourth quarter, but its mortgage banking income increased.

Michigan’s 6th Circuit Court ruling on Conlin v. Mortgage Electronic Registration Systems establishes a precedent insiders see as a small victory for lenders and servicers.