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Fitch Puts Freedom Mortgage on Watch Negative Due to Forbearance-Related Risks

In light of forbearance-related risks stemming from the economic impact of coronavirus, Fitch Ratings has placed Freedom Mortgage Corp.'s BB- Long-Term Issuer...

Zillow: The Big Question is How to Limit Foreclosures

Low mortgage rates haven’t been enough to counter the devastating effect of the coronavirus pandemic on the U.S. housing market.

Mortgage Delinquencies Inched Up in February

The U.S. mortgage delinquency rate inched up 1.95% in February compared with January but was down about 15% compared with February 2019,...

Regulators Officially Encourage Borrower Engagement Before Default

All of the U.S. financial institution regulators and the state banking regulators have issued an interagency statement that encourages financial institutions to...

CoreLogic Hires Selma Hepp as Deputy Chief Economist

Selma Hepp has joined CoreLogic, a provider of property information, analytics and data-enabled services, as deputy chief economist.Most...

HUD/FHA Suspend Foreclosure Actions in Response to Coronavirus

In response to the economic crisis stemming from the impact of coronavirus, the U.S. Department of Housing and Urban Development (HUD) has...

Sagent Names Dan Sogorka CEO and President

Sagent Lending Technologies, a joint venture between private equity firm Warburg Pincus and financial services technology specialist Fiserv, has appointed Dan Sogorka...

Mortgage Performance Continues to Exhibit Improvement

CoreLogic’s Loan Performance Insights Report for December 2019 shows that, nationally, 3.7% of mortgages were in some stage of delinquency that month,...

Zombie Foreclosures Up Slightly, But Still Just a ‘Blip on the Radar’

Zombie foreclosures increased slightly in the fourth quarter of 2019 but remained a mere sliver of overall foreclosure activity, according to ATTOM...

Servicers Continue to See Falling Retention Rates For Refinancing Borrowers

Despite falling rates and surging refinance activity, mortgage servicers continue to struggle to retain refinancing borrowers, a report from Black Knight shows.

Wells Fargo, Pingora, USAA FSB Among Top Freddie Mac Servicers

Freddie Mac has announced the nine winners of its 2019 Servicer Honors and Rewards Program (SHARP), which recognizes mortgage servicers for superior...

Foreclosure Starts Didn’t Move Much in January

Foreclosure starts were basically flat in January, falling less than 1% compared with December, according to ATTOM Data Solutions. 

Black Knight Rolls Out Tool For Measuring Prepayment Risk on Multifamily Loans

Black Knight has released a new analytics tool that measures prepayment and credit risk of multifamily mortgage assets.The...

Black Knight: U.S. Mortgage Delinquency Rate Lowest on Record

The U.S. mortgage delinquency rate in January dropped to the lowest level on record, falling to 3.22% - a decrease of 5.37%...

Safeguard Properties Enhances SafeView Field Services Platform

Mortgage field services company Safeguard Properties Inc. says it has developed enhanced controls surrounding insurance loss and other scheduled inspections through its...

Fannie Mae Announces 15th Reperforming Loan Sale

Fannie Mae is looking to sell approximately 12,775 reperforming mortgages with unpaid principal balance of about $1.8 billion.This...

Planet Home Lending Taps Patrick Couture as SVP of Servicing Platform Development

Patrick Couture recently joined Planet Home Lending, a national lender, servicer and private client subservicer, as senior vice president of servicing platform...

Mid America Mortgage Adds Three New Hires to its Servicing Department

Mortgage servicing professionals John Bargas, Donnell Mitchell and Wendy Strawn recently joined the servicing department at Mid America Mortgage.

Case Management Software Firm CaseMax Undergoes a Reorganization

CaseMax, a software company that provides case management systems to law firms in the default servicing industry, recently announced a reorganization of...

Black Knight Expands its Relationship with Quicken Loans

Quicken Loans has extended its contract for Black Knight’s MSP mortgage servicing platform.In addition, Black Knight has purchased...

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