Servicing

Require Holdings has announced that it has completed its acquisition of Service 1st Valuation and Settlement Services Inc.
Require Holdings has announced that it has completed its acquisition of Service 1st Valuation and Settlement Services Inc. Service 1st is a provider of valuation risk management services, including: Desk reviews, valuation risk analysis, field reviews and market data.   The company will be a wholly... Keep Reading....
The Department of the Treasury has announced the final allocation from the Hardest Hit Fund, with $1 billion being presented to housing finance agencies in 13 states. “Today’s announcement continues Treasury’s commitment to provide relief to struggling homeowners and help stabilize neighborhoods in... more
Two years after the Ability-to-Repay (ATR) rule was forced on the industry, residential mortgage servicers have yet to see any borrower claims
Two years after the Ability-to-Repay (ATR) rule was forced on the industry, residential mortgage servicers have yet to see any borrower claims, according to a new study by Fitch Ratings. However, the ratings agency noted that the lack of claims should not be seen as evidence that ATR is a flop. “... more
CoreLogic has released its February 2016 National Foreclosure Report ,which shows the foreclosure inventory declined by 23.9 percent and completed foreclosures declined by 10 percent
The foreclosure inventory declined by 23.9 percent and completed foreclosures declined by 10 percent on a year-over-year basis in February, according to new data from CoreLogic, while the number of completed foreclosures nationwide decreased to 34,000 from 38,000 one year earlier. The February... more
Ocwen Financial Corporation and the NAACP are renewing their “Help & Hope for Homeowners” seminars for another year
Ocwen Financial Corporation and the NAACP are renewing their “Help & Hope for Homeowners” seminars for another year, with events planned this summer across Florida, New Jersey, Texas and Washington. The “Help & Hope for Homeowners” events connect financially distressed homeowners with Ocwen... more