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  1. Fed Levies $35M in Fines Against Five Servicers

    ... against five financial services companies for “mortgage servicing deficiencies.” However, the central bank also terminated enforcement actions related to residential mortgage loan servicing and foreclosure processing issued in 2011 and 2012 against the same ...

    Phil Hall - 2018-01-15 11:42

  2. News From NAMB: January 12, 2018

    ... lender. Smaller Banks Join Non-Banks Not Selling Servicing It used to be that when you brokered a loan it would always end up being servicing by Wells Fargo, Chase, or Citi.  Recent figures show those big banks ...

    John Councilman - 2018-01-12 17:09

  3. The Money Source and Endeavor America to Rebrand as TMS

    ... its channels, rolling out its subservicing platform SIME—Servicing Intelligence Made Easy , investing in top talent, training, as well ... core channels include: Retail, correspondent, wholesale, servicing and insurance.   One of the big plans that TMS said it ...

    NationalMortgageProfessional.com - 2018-01-09 11:04

  4. PHH Agrees to $45M Servicing Settlement

    ... 45 state mortgage regulators involving improper mortgage servicing activities that occurred between 2009 and 2012.   Under the ... pay approximately $45 million in aggregate, adopt negotiated servicing standards, and implement a testing and reporting process to ensure ...

    Phil Hall - 2018-01-03 15:23

  5. Ocwen Reaches Mortgage Servicing Settlements With Two More States

    ... a financial transaction. Ocwen Reaches Mortgage Servicing Settlements With Two More States Ocwen Reaches Mortgage Servicing Settlements With Two More States ...

    Mortgage News Ticker - 2017-12-28 10:31

  6. Fannie Mae: Lenders Forecasting Negative Profit Margins Ahead

    ... reported expectations to decrease their shares of mortgage servicing rights sold, retained and serviced in-house.   "Key trends ...

    Phil Hall - 2017-12-27 11:27

  7. House Passes Tax Bill

    ... for any item of gross income in connection to a mortgage servicing contract," he said. "Additionally, we are glad to see the bill ...

    Phil Hall - 2017-12-19 14:55

  8. RoundPoint Mortgage Servicing Launches Retail Division

    RoundPoint Mortgage Servicing Corporation (RPMS) has announced that, after 10 years of operation, ... status updates.”   RoundPoint Mortgage Servicing Launches Retail Division RoundPoint Mortgage Servicing Launches Retail Division ...

    NationalMortgageProfessional.com - 2017-12-14 01:25

  9. Resitrader Completes Integration With Fannie Mae

    ... By adding loan-level price adjustments (LLPAs) and mortgage servicing rights (MSR) values, users create an "all-in bid" on their Fannie Mae delivery option and then compare that pricing directly to servicing released bids from other investors.   “The Resitrader ...

    NationalMortgageProfessional.com - 2017-12-14 01:13

  10. News From NAMB: December 8, 2017

    ... months.  Walter Investment made most of their income from servicing.  They thought they were going to make a killing buying the rights ... performing loans a few years ago.  The problem is, true servicing contracts require you to still pay the owner of the note, even if the ...

    John Councilman - 2017-12-08 15:57