AllRegs, a publisher of guidelines for the mortgage industry based in Eagan, Minn., has announced the release of three new online Practical Guides focused on mortgage servicing. The titles include Escrow Analysis, FHA Foreclosure, and Mortgage Servicing. Dan Thoms, senior vice president of AllRegs, said the guides "target issues of specific concern to today's mortgage servicing professionals." Practical Guides are searchable online instruction manuals for a given topic that use the AllRegs search engine with direct links to online regulations. The company can be found on the Web at http://www.allregs.com.
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The industry leaders are sparring over refinance business from a Mr. Cooper portfolio, and UWM contends it didn't specifically try to harm its rival.
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The trade group supports FHFA's overhaul but urges longer comment periods, more flexibility and protections to prevent unintended consequences.
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The drop in the annual metric for FHA loans was the biggest in over four years but other performance indicators ICE Mortgage Technology tracked were mixed.
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NJ Lenders suffered a cyberattack last August, which potentially exposed the names and social security numbers of about 30,000 individuals.
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Its origination volume of $621.8 million was an increase of $114 million compared with the first quarter but its gain-on-sale was 5 basis points lower.
July 24 -
The mortgage subsidiary of PlainsCapital Bank saw improvement in its bottom line but remained in the red amid ongoing affordability constraints.
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