Exceleras and Calque Form Strategic Partnership
Calque, which offers the Trade-In Mortgage solution, is now using Exceleras’ software to manage the disposition of real estate added into its portfolio.
Specifically, Calque...
CoreLogic Counts Mortgage Delinquencies in May at New Low of 2.7 Percent
CoreLogic, a global property information, analytics and data-enabled solutions provider, has released its monthly Loan Performance Insights Report for May 2022. For the month...
Matrix, Two Harbors Acquire RoundPoint from Freedom Mortgage
Matrix Financial Services Corp., a wholly owned subsidiary Two Harbors Investment Corp., an Agency + MSR mortgage real estate investment trust, has entered into...
Mr. Cooper Using Freddie Mac Resolve Tool via API
Mr. Cooper says it is the first mortgage servicer to integrate its proprietary system with Freddie Mac’s Resolve default management tool via an application...
Fannie Mae Reperforming Loan Sale Includes Nearly 5,500 Loans to JP Morgan
Fannie Mae’s results for a recent reperforming loan sale of approximately 5,460 loans totaling $663.3 million in unpaid principal balance (UPB) was awarded to...
OrangeGrid Debuts Loss Mitigation Program for Mortgage Servicers
OrangeGrid, a provider of mortgage servicing software, has launched its loss mitigation initiative to enable the company to provide more focused default servicing capabilities...
Exceleras Promotes Tom Simon to CEO
Tom Simon is the new CEO at Exceleras, which provides software that accelerates property disposition to mortgage servicers and the REO agents and vendors...
June Numbers Show Slight Delinquency, Foreclosure Increase
Black Knight Inc.’s report on June 2022 month-end mortgage performance statistics shows the total U.S. loan delinquency rate (loans 30 or more days past...
Share of Mortgages in Forbearance Fell to 0.81 Percent at End of June
The share of mortgages in forbearance plans shrank to just to 0.81% of all loans as of June 30, according to the Mortgage Bankers...
Illinois, New Jersey and Ohio Show Highest Foreclosure Rates
ATTOM’s Midyear 2022 U.S. Foreclosure Market Report shows there were a total of 164,581 U.S. properties with foreclosure filings – default notices, scheduled auctions...
Evolve Mortgage Services Taps Mark Calabria For Advisory Board
Mark Calabria, former director of the Federal Housing Finance Agency (FHFA), has joined Evolve Mortgage Services as a member of its advisory board.
Calabria is...
Nearly 3 Percent of U.S. Mortgages in Delinquency, Reports CoreLogic
CoreLogic’s monthly Loan Performance Insights Report for April 2022 shows that 2.9% of all mortgages in the U.S. were in some stage of delinquency...
Solutions From Boston National Title Now Integrated With Clarifire
Users of CLARIFIRE for default servicing and loss mitigation can now benefit from an integration with solutions from Boston National Title, one of the...
PHH Mortgage Acquires Mortgage Servicing Rights from FHLBank Indianapolis
PHH Mortgage, a subsidiary of Ocwen Financial Corp. and a non-bank mortgage servicer and originator, has entered into an agreement with Federal Home Loan...
CoreLogic Names Patrick Dodd President and CEO
Patrick Dodd is the new president and CEO of housing data and software firm CoreLogic.
Dodd was previously chief operating and growth officer. He was...
May Numbers Show 425,000 Homeowners in Forbearance Plans
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey shows that the total number of loans in forbearance decreased to 0.85% of servicers’ portfolio...
MCT Releases MSR Technology with Live Loan-Level Pricing
Mortgage Capital Trading (MCT), a mortgage hedge advisory and secondary marketing software firm, has introduced a new technology for mortgage servicing rights (MSR) buyers...
Chickasaw Bank Signs 10-Year Deal to Utilize Sagent Mortgage Platforms
Sagent, a fintech company modernizing mortgage and consumer loan servicing for banks and lenders, has signed a new 10-year partnership with Chickasaw Community Bank...
Mortgage Delinquencies Hit Another Record Low in March
Although the foreclosure rate is currently on the rise, due to the sunsetting of COVID-19 foreclosure protections for homeowners impacted by the pandemic, the...
Report Shows Foreclosure Filings Increased 185 Percent from May 2021 to May 2022
ATTOM's May 2022 U.S. Foreclosure Market Report shows there were a total of 30,881 U.S. properties with foreclosure filings – default notices, scheduled auctions...