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Mortgage Servicing

Guild Mortgage Hires Victoria Garcia DeLuca as VP of Marketplace Diversity Strategy

Victoria Garcia DeLuca is the new vice president of marketplace diversity strategy for Guild Mortgage, an independent mortgage lender providing residential mortgage products and local...

FHA Expands REO Purchase Opportunities For Owner-Occupant Buyers

The Federal Housing Administration (FHA) is increasing the exclusive listing period on certain HUD single-family real-estate owned (REO) homes to allow more time for...

Rate of Mortgages in Forbearance Dropped 26 Basis Points at End of 2021

The Mortgage Bankers Association's (MBA) new monthly Loan Monitoring Survey has revealed that the total number of loans now in forbearance decreased by 26...

ATTOM Data Show a Large Drop in U.S. Foreclosures

ATTOM has released its Year-End 2021 U.S. Foreclosure Market Report, showing that foreclosure filings – default notices, scheduled auctions and bank repossessions – were...

Mortgage Delinquency Rates Decreased This Fall, Reports CoreLogic

CoreLogic’s monthly Loan Performance Insights Report for October 2021 shows that 3.8% of all mortgages in the U.S. were in some stage of delinquency...

loanDepot Begins Offering Ginnie Mae Loan Servicing

loanDepot, a nonbank retail lender, is bringing the servicing of FHA, VA and USDA-funded Ginnie Mae loans in-house. The move leverages ongoing investment in loanDepot's...

Mortgage Delinquencies Improve While Active Foreclosures Fall

In its report on November 2021 month-end mortgage performance statistics, derived from its loan-level database representing the majority of the national mortgage market, Black...

MBA Survey Shows Share of Mortgage Loans in Forbearance Decreases

The Mortgage Bankers Association's (MBA) new monthly Loan Monitoring Survey reveals that the total number of loans now in forbearance decreased by 39 basis...
DocMagic

DocMagic Debuts eDecision to Aid with Digital Closing Eligibility

DocMagic Inc., a provider of fully compliant loan document preparation, automated regulatory compliance and comprehensive eMortgage services, has rolled out eDecision, a solution that...

Doma Holdings Expands Mortgage Closing Technology Reach to Additional States

Doma Holdings Inc. has expanded its Doma Intelligence closing platform into the states of Washington, Utah, Maine, Tennessee and Mississippi, as well as the...
DocSolution

ProTitleUSA Acquires DocSolution for Document Preparation and Recording Capabilities

ProTitleUSA has completed an acquisition of document preparation and recording firm DocSolution Inc. by Charles A. Brown and Associates PLLC. The new company will...

Stewart Information Services Acquires Devon Title Agency

Stewart Information Services Corp. has acquired Devon Title Agency for an undisclosed sum. Devon is one of the largest title agencies in Michigan, with more...

Guild Mortgage Hires Russ Fowlie as EVP of Loan Servicing

Guild Mortgage, a mortgage lending company originating and servicing residential loans, has named Russ Fowlie its executive vice president of loan servicing. Fowlie has 25...

First American Docutech’s Print/Mail Facility Doubles Loan Document Fulfillment Capacity

First American Docutech, a provider of document, eSign, eClose and print fulfillment technology for the mortgage industry, and member of the First American family...

Deephaven Mortgage, Incenter Offer Appraisal Services to Non-QM Brokers

Deephaven Mortgage is partnering with Incenter Appraisal Management to offer non-agency/non-QM brokers remote appraisal services for Deephaven’s loans. Deephaven will provide brokers with Incenter Appraisal...

VyStar Chooses Black Knight Mortgage Origination and Servicing Systems

VyStar Credit Union, a Florida-based credit union, has signed an agreement to use Black Knight Inc.'s integrated, end-to-end mortgage origination and servicing solutions, including...

As Home Equity Soared, Mortgage Delinquencies Dropped in September

CoreLogic’s monthly Loan Performance Insights Report for September 2021 shows that 3.9% of all mortgages in the U.S. were in some stage of delinquency...

Land Home Financial Services Chooses Sagent Servicing System

Sagent, a fintech company focused on mortgage and consumer loan servicing for banks and lenders, has signed a 10-year partnership with Land Home Financial...

Q3 2021 Showed Decrease in Delinquency Rates for Commercial Mortgages

Commercial and multifamily mortgage delinquencies declined in the third quarter of 2021, according to the Mortgage Bankers Association's (MBA) latest Commercial/Multifamily Delinquency Report. "Commercial mortgage...

Mr. Cooper Finalizes Reverse Mortgage Servicing Portfolio Sale

Mr. Cooper Group Inc. has completed the sale of its reverse mortgage servicing portfolio, operating under the Champion Mortgage brand, to Mortgage Assets Management...