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The Securities and Exchange Commission is looking at whether mortgage servicers are boosting profits by prematurely unleashing debt collectors on delinquent borrowers, a person with direct knowledge of the matter said.
March 22 -
The mortgage industry made fewer loan modifications in January, while deeds-in-lieu and foreclosure sales spiked, according to Hope Now.
March 22 -
Losses on commercial mortgages declined in February, with a Florida shopping center topping the list of the largest losses, according to Trepp.
March 9 -
The national foreclosure inventory decreased 21.7% to about 456,000 in January, according to CoreLogic.
March 8 -
Servicers are taking a much-needed hard look at the full range of customer touch-points that they operate, and NMN's 10th annual Mortgage Servicing Conference promises to offer an engaging agenda of hottest trends and topics.
March 8
National Mortgage News -
A federal judge has allowed to proceed a lawsuit in which a Belgian investor blames Bank of New York Mellon for about $1.1 billion of losses related to its role as trustee for residential mortgage securities.
March 4 -
The mortgage industry provided about 420,000 loan modifications last year to homeowners struggling to make payments, according to Hope Now.
March 4 -
Commercial and multifamily mortgage delinquency rates dropped in the fourth quarter, according to the Mortgage Bankers Association.
March 4 -
Stewart Information Services Corp. has terminated Jason Nadeau, group president of the company's mortgage and title services, according to an 8-K filing dated March 1.
March 3 -
The delinquency rate on commercial mortgage-backed securities continued to fall significantly for the month of February, according to Trepp.
March 2
