Tagged: mortgage servicing

FHFA gives green light for Fannie Mae and Freddie Mac to approve deal ‘with appropriate safety and soundness guardrails’

Integration aims to boost borrower recapture for lender-servicers

Despite strong origination scores, servicers struggle with communication, responsiveness, and rising escrow costs

Home equity drives growth in direct-to-consumer and correspondent channels as Rocket merger planning ramps up

Company highlights strength of strategic acquisitions, integrations, product innovations as it furthers its mortgage ecosystem

Soon-to-be interim CEO Hsieh says company will focus on multi-channel sales model, proprietary tech stack, and servicing business

After Flagstar onboarding last year, Mr. Cooper reports 4Q net income of $204M

Mr. Cooper Group closes the acquisition of Flagstar Bank for $1.3 billion in cash.

While technology and digital capabilities in mortgage lending and servicing have grown, consumers' preference for human contact endures

Rocket will handle all servicing and recapture activities for a portion of the mortgage servicing rights held by Annaly.