Servicing | Page 8 | National Mortgage Professional Magazine
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As the Housing Bubble and subsequent Great Recession fades further into the past, a new study is offering a different theory on how property taxes may have contributed to the financial debacle
Fannie Mae and Freddie Mac completed 41,465 foreclosure prevention actions in the third quarter,...Read more
RoundPoint Mortgage Servicing Corporation has announced it has replaced two of its existing debt facilities with a new, $650 million facility. Under the new facility, the credit commitment has increased by over $300 million
RoundPoint Mortgage Servicing Corporation (RPMS) has announced that, after 10 years of operation,...Read more
First American Financial Corp. has announced that it will acquire Bank of America’s lien release business, which includes an agreement to provide these services to Bank of America
First American Financial Corp. has announced that it will acquire Bank of America’s lien release...Read more
The Mortgage Bankers Association (MBA) has announced that Kelli Burke has joined the association as vice president of Commercial Real Estate Finance (CREF)
The Mortgage Bankers Association (MBA) has raised an objection to a provision in the tax bill being...Read more
Home prices in Ohio were up in March despite a slight dip in sales from last year’s record level
Ocwen Financial Corporation has announced loan modification borrower assistance results for...Read more
Applied Business Software (ABS) has announced that RCN Capital has chosen The Mortgage Office software to automate its back office servicing operations
Applied Business Software (ABS) has announced that RCN Capital has chosen The Mortgage Office...Read more
Four years after Superstorm Sandy devastated the coastal properties in the Northeast
Foreclosures in New York City saw a 79 percent year-over-year increase in the third quarter,...Read more
The Consumer Financial Protection Bureau (CFPB) is launching a taskforce to streamline and update federal consumer financial laws
The Consumer Financial Protection Bureau (CFPB) issued an interim final rule and a proposed rule to...Read more
Wells Fargo, the largest mortgage lender and third largest bank in the nation, is planning to cut between five and 10 percent of its workforce over the next three years
Wells Fargo & Co. has acquired approximately $51 billion in mortgage servicing rights (MSRs)...Read more
The national delinquency rate recorded its second year-over-year increase in October due to the impact of Hurricanes Harvey and Irma, according to new data from Black Knight Inc.
The devastation left behind by Hurricane Harvey could result in 300,000 new mortgage delinquencies...Read more