MSR

Mortgage servicers growing due to acquisitions or the increased value of servicing in the market could remain under pressure if these strategies don't outweigh other rising costs they face.

Freddie Mac has quietly started extending credit to nonbanks that issue mortgages, a move it says will help the companies maintain access to a crucial stockpile of cash if their home loans go sour.

Nationstar Mortgage Holdings reported first-quarter net income nearly four times higher compared to the fourth quarter of 2017.

Ocwen Financial Corp. got back in the black during the first quarter after selling New Residential Investment Corp. $110 million in economic rights to mortgage servicing.

From tech that ensures foreclosures are processed correctly to implementing robotic process automation, here's a look at seven strategies that servicers can use to stay compliant and on budget.

New Residential Investment Corp. reported a 400% year-over-year increase in net income as its servicing revenue improved dramatically over the previous year.

Flagstar Bancorp returned to profitability in the first quarter after tax reform caused a loss in fourth quarter, but its mortgage revenues dropped 15% due to margin compression and lower volume.

The real estate investment trust is issuing $450 million of five-year notes backed by rights to excess servicing strips of Fannie Mae loans.

However, mortgage growth and servicing income weren't the only reasons profits rose by double digits at the Dallas bank.

Blockchain technology can support a number of core technology issues plaguing the mortgage industry, including data integrity, security, distribution and compliance.