Data issues may thwart expanded underwriting, coalition fears
A coalition of mortgage business teams have issued a letter to the…
VA delinquencies jumped following call for foreclosure ban
Delinquencies on loans partially assured by the Department of Veterans Affairs jumped…
Mr. Cooper asks for servicing “junk charge” match be thrown out
Mr. Cooper has filed a movement to dismiss a go properly with…
Fannie Mae, Freddie Mac push pause on insurance coverage necessity
Two influential authorities-sponsored enterprises are rapidly chopping some slack to single-spouse and…
Underwater home loans up in Q1
The choice of homeowners critically underwater on their mortgages is increasing as…
FSOC: Congress ought to boost Ginnie, FHFA nonbank authorities
Tips in a brand new Economical Steadiness Oversight Council report may give…
NewRez to acquire Caliber in $1.7B offer Deal strengthens NewRez’s retail footprint, bulks up its servicing biz
NeAcquisitions-hungry New Residential Financial funding Corp. (NewRez) has agreed to acquire multichannel lender Caliber Residence…
UWM 1Q24 outcomes driven by ‘stronger’ obtain industry
UWM Holdings returned to profitability within the first quarter, aided by endeavor…
Newrez cuts 123 staff members after acquisition of servicing organization
Newrez let go of above 100 staff members in Colorado and Florida…
As VA foreclosure plan deadline nears, servicers question for extra time
The Section of Veterans Affairs earlier launched a deadline with some leeway…