Subservicing

UWM, embroiled in an us-or-them feud when it comes to business partners working with Rocket, terminated its subservicing and sales deals with Mr. Cooper.

The top five banks have a combined unpaid principal balance of more than $1.8 trillion at the end of Q1 2024.

The government mortgage-backed securities guarantor needs data breaches reported within a certain period of time and has specific instructions for subservicers.

Cenlar's chief digital officer shares his story while weighing in on AI, vendor consolidation and cybersecurity.

Mortgage borrowers alleged in U.S. District Court that the servicer applied funds in the wrong order and charged unnecessary interest.

The company is in a bidding war for Sculptor Capital, which in turn is supposed to unlock a spin-out for the mortgage business that this transaction helps build.

The home lending shop is suing LoanCare for negligence in how it managed loans from 2012 to 2016.

Call center staff must learn to play a new role as forbearance ends, according to Adam Saab, vice president and head of early stage default at Cenlar.

This deal will allow PHH Mortgage to substantially increase the number of reverse MSRs it handles on an outsourced basis.

The deal will add $7.8 billion in reverse mortgage subservicing to Ocwen $6.7 billion portfolio.