Servicing | Page 7 | National Mortgage Professional Magazine
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The level of mortgage homeowners with tappable equity has reached a record peak, but tax code changes could have an impact on this market, according to a data analysis from Black Knight Inc.

FHFA Extends HARP, Modifies Refinance Program

The Federal Housing Finance Agency ( FHFA ) had modified the High LTV Streamlined Refinance program...Read more
Default rates on first and second mortgages were up in October, according to the latest S&P/Experian Consumer Credit Default Indices report

Mortgage Delinquency Landscape Continues to Shrink

A new data report issued by CoreLogic has determined that 4.5 percent of mortgages were in some...Read more
Nearly 300 employees and senior managers from Guild Mortgage recently spent a day renovating a primary school and engaging with local students in Playa Del Carmen, Mexico

Guild Mortgage Employees Volunteer Renovating Mexican School

Nearly 300 employees and senior managers from Guild Mortgage recently spent a day renovating a...Read more
Customer satisfaction with primary mortgage originators is on the rise, according to the J.D. Power 2018 U.S. Primary Mortgage Origination Satisfaction Study

Servicing Customers Express Problems in New J.D. Power Study

Borrowers dealing with mortgage servicers are having their patience tested, according to the 2017 J...Read more
New Residential Investment Corporation and Ocwen Financial Corporation have announced the companies have signed definitive agreements for the transfer of Ocwen’s interest in mortgage servicing rights (MSRs) and subservicing relating to approximately $110

New Residential Investment and Ocwen Reach MSR Agreement

New Residential Investment Corporation and Ocwen Financial Corporation have announced the companies...Read more
The Mortgage Collaborative has announced a new partnership with national correspondent investor and mortgage loan servicer, The Money Source

The Mortgage Collaborative Partners With The Money Source

The Mortgage Collaborative has announced a new partnership with national correspondent investor and...Read more
The Mortgage Collective, an organization comprised of representatives of some of the industry’s leading investment, lending, and loan servicing companies

The Mortgage Collective Tackles Key Servicing Issues

The Mortgage Collective , an organization comprised of representatives of some of the industry’s...Read more
Only 3.9 percent of all residential mortgages were delinquent at the December, according to new data from Black Knight Inc.

Mixed Data on Mortgage Defaults

First mortgage default rates were on the decline, but second mortgage defaults took an uptick,...Read more
The Consumer Financial Protection Bureau (CFPB) has issued a proposal that would alter the reporting requirements for banks and credit unions that issue home equity lines of credit (HELOCs)

CFPB Settles With Fay Servicing

The Consumer Financial Protection Bureau (CFPB) has reached an agreement with Chicago-based Fay...Read more
Ocwen Financial Corporation and HomeFree-USA will co-host a borrower outreach event in Riverdale, Md. to help Maryland homeowners who are struggling to meet their mortgage obligations

Ocwen and HomeFree-USA to Assist Struggling MD Homeowners

Ocwen Financial Corporation and HomeFree-USA will co-host a borrower outreach event in Riverdale,...Read more

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