Thursday, December 2, 2021
Home Articles Mortgage Servicing

Mortgage Servicing

Improving Mortgage Servicing for Borrowers with Limited English Skills

BLOG VIEW: Mortgage industry regulators mandate that lenders and servicers must treat all mortgage borrowers fairly and provide equal access to services regardless of...

Sagent Hires Mikhail Cook as EVP of Strategic Sales

Mikhail Cook has joined mortgage servicing software firm Sagent as executive vice president of strategic sales. Previously, Cook served in SVP of sales roles at...

Mortgage Delinquencies Continued to Drop in October, But Foreclosure Starts Inched Up

Mortgage delinquencies continued to drop during October, falling to just 3.74% of all loans, according to Black Knight’s First Look report. That’s a decrease of...

Freddie Mac Sells $16.6 Million in Distressed First Lien Loans

Freddie Mac has sold via auction 68 non-performing residential first lien loans (NPLs) serviced by Select Portfolio Servicing Inc. to Restora LLC. Restora LLC...

CFPB to Closely Scrutinize How Mortgage Servicers Handle Borrowers Exiting Forbearance

As the COVID-19 related foreclosure moratoriums wind to a close and mortgage servicers brace for a potential wave of defaults, the Consumer Financial Protection...

October Figures Show Continued Increase in Foreclosure Activity

ATTOM has released its October 2021 U.S. Foreclosure Market Report, showing there was a total of 20,587 U.S. properties with foreclosure filings – default...

Pulte Mortgage Contracts with Black Knight for MSP Servicing System

Black Knight Inc. says Pulte Mortgage will be implementing its MSP loan servicing system and various additional solutions. Pulte Mortgage, a wholly owned financial...

Mortgage Delinquencies Slow Down in Q3 2021

The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 4.88 percent of all loans outstanding at...

MBA Reports Decrease in Share of Mortgage Loans in Forbearance

The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey is showing that the total number of loans now in forbearance decreased by...

Cherry Creek Mortgage Brings in New Leadership for Reverse Mortgage Division Expansion

Cherry Creek Mortgage, a nationwide, full-service mortgage lender, Ginnie Mae HMBS issuer and servicer of HECM reverse mortgages, has hired a new leadership team...

Share of Mortgages in Forbearance Steadily Dropping

The share of mortgages in forbearance plans fell six basis points to 2.15% of servicers' portfolio volume during the week ended Oct. 24, according...

Covius Completes Nationwide Title Clearing Acquisition

Covius Holdings Inc., a provider of technology-enabled solutions to the financial services industry, has completed the acquisition of Florida-based Nationwide Title Clearing LLC (NTC)....
House exterior

Fannie Mae Names Winner of Community Impact Pool of Non-Performing Loans

Fannie Mae has announced the winning bidder for its eighteenth Community Impact Pool (CIP) of non-performing loans. The CIP includes approximately 140 loans totaling...

Black Knight: Loan Performance Continued to Improve in September

The national mortgage delinquency rate fell to 3.91% in September, a decrease of 2.25% compared with August and a decrease of 41.3% compared with...

Share of Mortgage Loans in Forbearance Drops

The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey shows that the total number of loans in forbearance decreased by 7 basis...

First American Completes ServiceMac Acquisition

First American Financial Corp., a global provider of title insurance, settlement services and risk solutions for real estate transactions, has completed its acquisition of...

CoreLogic Acquires ClosingCorp to Expand Digital Solutions Suite

CoreLogic, a global property information, analytics and data-enabled solutions provider, has completed its acquisition of all outstanding shares of ClosingCorp.  ClosingCorp is a partner to...

Computershare Loan Services Continues Sagent Loan Servicing Agreement

Sagent, a fintech company focused on mortgage and consumer loan servicing for banks and lenders, has announced an agreement extension with Computershare Loan Services,...

Share of Mortgage Loans in Forbearance Decreases

The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey shows that the total number of loans in forbearance decreased by 27 basis...

Virginia Housing, Black Knight Renew Contract for MSP Servicing System

Virginia Housing has renewed its contract to use Black Knight Inc.’s MSP servicing system. Virginia Housing has been a Black Knight client for 25...