There's grumbling out there in the hinterlands that some of the nation's largest servicers may've gotten an early peak at the HARP 2.0 details, allowing them to mail out solicitations early to their customers. (The official release came Monday.) If true, that sort of defeats the idea of having the megabanks get a little competition from the little guy. Perhaps a Congressional investigation should be pursued? Or maybe it's not that big of a deal – especially when you consider that Fannie Mae and Freddie Mac's automated underwriting systems cannot handle HARP 2.0 until some time in the first quarter…
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Roughly a third of homeowners with a mortgage rate less than 6% would not give up their rate for any reason, according to a survey of 1,000 mortgage holders.
25m ago -
In other news, Better Mortgage completed warehouse renewals and Wolters Kluwer provided a new form of access to its digital vault platform for secured parties.
4h ago -
A United Wholesale Mortgage executive stepped in to defend a claim against the company, as consumers pelt the industry with more spam call complaints.
5h ago -
Adam Boyd, a veteran financial services executive with more than 25 years of experience, will head the growth of Rate's consumer lending platform.
April 7 -
Washington State charged Newrez after a consumer investigation, with the notice following recent enforcement action against Luminate Home Loans.
April 7 -
Mike Kortas will be adding a separate mortgage servicing company and hiring NEXA loan officers to assist with the process and give them customer insights.
April 7









