Servicing

In a move that will re-design the options available to credit unions for servicing first mortgage loans, myCUmortgage announced that it has launched its new mortgage servicing operation
In a move that will re-design the options available to credit unions for servicing first mortgage loans, myCUmortgage announced that it has launched its new mortgage servicing operation. myCUmortgage is a leading Credit Union Service Organization (CUSO), wholly-owned by Wright-Patt Credit Union... Keep Reading....
CoreLogic has released its August 2016 National Foreclosure Report which shows the foreclosure inventory declined by 29.6 percent and completed foreclosures declined by 42.4 percent compared with August 2015
The U.S. housing market ended 2016 with lowest level of foreclosure filings in 10 years, according data released by ATTOM Data Solutions.   The newly published Year-End 2016 U.S. Foreclosure Market Report determined there were foreclosure filings on 933,045 properties last year, down 14 percent... more
What a difference a year makes: New data from ATTOM Data Solutions has determined there were 5.4 million residential properties seriously underwater
One million homes returned to positive equity positions over the first three quarters of 2016, according to new data released by Black Knight Financial Services (BKFS), which concluded that the national negative equity rate is now 4.4 percent with 2.2 million homeowners in negative equity—the... more
Sen. Harry Reid (D-NV) has looked into the future and does not see Sen. Elizabeth Warren (D-MA) as a viable candidate for the Democratic Party’s presidential nomination in 2020
Democrats in the U.S. Senate, under the leadership of Sen. Elizabeth Warren (D-MA), are attempting to plant the seeds of a digital grass-roots movement to prevent the confirmation of Steven Mnuchin to become the Secretary of the Treasury in President-Elect Donald Trump’s administration. On a... more
There was bad news for SunTrust in the latest test results from the Office of the Monitor of the National Mortgage Settlement (NMS): The company failed one of its first quarter tests related to the collection of default-related fees
There was bad news for SunTrust in the latest test results from the Office of the Monitor of the National Mortgage Settlement (NMS): The company failed one of its first quarter tests related to the collection of default-related fees. In a statement issued by NMS Monitor Joseph A. Smith Jr.,... more