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Mortgage Servicing

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...

National Delinquency Rate Still Below 4 Percent

Nationally, 3.9% of mortgages were in some stage of delinquency in November 2019, representing a 0.1 percentage-point decline in the overall delinquency...

Fulton Bank Implementing Host of New Servicing Technologies

Fulton Bank, based in Lancaster, Pa., will be deploying the Black Knight MSP servicing system to support both first mortgages and home...

Credit Union Chooses Black Knight Origination, Servicing Tools

Mississippi-based Keesler Federal Credit Union has signed an agreement to deploy a suite of Black Knight technology solutions, including the Empower loan...

Black Knight: Falling Rates, Rising Home Prices Have Boosted Re-financeable Population

Due to falling mortgage interest rates and rising home prices, about 9.4 million homeowners currently stand to gain from refinancing their mortgages,...

Dave Worrall: 2019 Was Supposed to Be Quiet

PERSON OF THE WEEK: Dave Worrall is president of subservicer LoanCare, a ServiceLink company. In this role, Dave oversees the overall operations...

SingleSource Rolls Out New Deed-in-Lieu Offering for Servicers

SingleSource, a provider of title and settlement, valuation, real estate-owned (REO) asset management, property preservation and document management services, says it is...

CoreLogic: Be Prepared for Higher Delinquencies from Natural Disasters

New research from CoreLogic suggests that a slew of natural disasters in 2019 could bring an increase in mortgage delinquency rates, taking...

Altisource: Mortgage Servicers Prefer Single-Vendor Approach to Default Servicing

With mortgage performance below pre-crisis levels, now is not the time to be ignoring the state of the default servicing industry -...

Altisource Study Looks at Default Servicing Trends

Altisource Portfolio Solutions’ new “The State of the Default Servicing Industry” report contends that despite historically low delinquency rates, servicing professionals expect...

Specialized Loan Servicing Keeps Strong Fitch Servicer Rating

Fitch Ratings has reaffirmed its RPS2+ rating for Computershare Loan Services’ Specialized Loan Servicing (SLS) business: a rating that Fitch awards to...

Mortgage Delinquencies Continued to Hold at Near-Record Lows in December

Mortgage performance was stellar in 2019.The U.S. mortgage delinquency rate continued to fall in December, as only 3.4%...

Kentucky Bankers Association Gives LERETA a Nod

The Kentucky Bankers Association (KBA) has endorsed LERETA LLC as a preferred tax and flood service provider for its membership.

Midwest Loan Services Deploying Black Knight Technologies

Midwest Loan Services has signed a 7-year contract to use Black Knight Inc.'s MSP servicing system, as well as Black Knight's Servicing...

Fitch Gives BSI Financial Services Ratings Bumps

Fitch Ratings has upgraded BSI Financial Services’ U.S. residential primary servicer rating for prime product to RPS3 and its U.S. residential special...

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