Servicing systems

The agencies are referencing the discontinued Department of Veterans Affairs' partial claim program and Ginnie Mae's PTAP as they build out new permanent initiatives.

Black Knight's second-quarter earnings dropped 20% from the previous year as it took a hit from its indirect investment in Dun & Bradstreet, offsetting a 7% increase in revenue.

Steeper rate declines contributed to a deeper quarterly net loss at Ocwen Financial, forcing it to extend its timeline for returning to profitability.

Black Knight created a pair of tools for its MSP servicing system in order to help mortgage services identify loans in their portfolio tied to areas affected by natural disasters.

Customer retention for mortgage servicers hit an all-time low at the start of the year, and a sensitive mortgage rate environment is only creating more competition, according to Black Knight.

There's plenty credit unions can do to compete with the likes of Quicken Loans' Rocket Mortgage, but sources cautioned more than technology will be needed to boost the bottom line.

Mortgage Builder is counting on its new ownership's backing to help it reach more lenders and servicers as technology advances compel more of its potential clients to consider changing their systems.

Now that Ocwen settled the servicing practices lawsuit brought by the Massachusetts attorney general, just two outstanding complaints remain from the 30 filed nearly two years ago.