Foreclosure Starts Jumped in April
A total of 36,033 properties saw foreclosure filings — default notices, scheduled auctions or bank repossessions – in April, up 0.4% compared with March...
Rocktop Technologies Acquiring Incenter Capital Advisors
In a move that will expand its MSR market reach and deepen its data-driven capital markets capabilities, Rocktop Technologies, a technology and AI-enabled solutions-as-a-service...
Seamless Integration: The Key to Modernizing Mortgage Servicing Operations
As regulatory expectations evolve, borrower demands shift and the digital transformation of financial services accelerates, mortgage servicers are being forced to re-examine not just...
Mitchell Sandler Announces Four New Hires as Part of Expansion
Reid Herlihy has joined the mortgage regulatory practice at Mitchell Sandler, a boutique financial services law firm founded in 2019 by a group of...
First American: Homeowners Insurance Skyrocketing, Especially in the South
Homeowners insurance costs are skyrocketing, especially in disaster-prone markets in the South, a report from First American shows.
This is a challenging affordability problem for...
Stewart Title Insurance Co. Merges With Stewart Title Guaranty Company in New York
Stewart Title Insurance Co. has merged with Stewart Title Guaranty Company in New York.
Both are owned by Stewart Information Services Corp.
The combined company will...
Mortgage Software Firm FICS Announces New Leadership Structure Taking Effect January 2026
Susan Graham plans to step down from her role as president for mortgage software firm Financial Industry Computer Systems, Inc. (FICS), as part of...
UWM Brings its Servicing In-House, Signs Deal to Use ICE Mortgage Technology’s MSP
United Wholesale Mortgage (UWM) is bringing its servicing in-house and has signed a long-term agreement to license ICE Mortgage Technology’s MSP loan servicing system.
Selecting MSP...
Mortgage Lenders Identify Top Challenges in Managing Escrow Tax Payments
Mortgage lenders identified rising costs (39.8%), staffing limitations (11.7%), regulatory compliance (29.1%), and inefficient processes (21.4%) as major hurdles in managing escrow-related payments for...
MIAC Analytics Facilitating Sale of MSR Portfolio With Estimated UPB of $5.16 Billion
MIAC Analytics is handling the sale of a Fannie Mae, Freddie Mac, and Ginnie Mae mortgage servicing rights (MSR) portfolio with unpaid principle balance...
ICE: Mortgage Delinquency Rate Decreased Month Over Month in March
The U.S. mortgage delinquency rate decreased to 3.21% in March, down 9% compared with February but up 0.41% compared with March 2024, according to...
Consolidated Analytics Integrates Sagent’s Dara Claims With its Servicing Operations
Mortgage services provider Consolidated Analytics (CA) has expanded its partnership with Sagent, a servicing fintech software company, to further integrate Sagent’s Dara Claims into its...
MBA: Share of Mortgages in Forbearance Fell in March
The total number of mortgage loans in forbearance decreased by 2 basis points in March, dropping to 0.36% of servicers’ portfolio volume, down from...
FHFA Establishes Mortgage Fraud Tip Line and is Exploring Ways to ‘Recall’ Fraudulent Loans
The Federal Housing Finance Agency (FHFA), regulator of government-sponsored enterprises Fannie Mae and Freddie Mac, has established a tip line “where anyone and everyone...
Freddie Mac Announces Winning Bidder on $5 Million Pool of NPLs
VRMTG ACQ is the winning bidder on a pool of 28 deeply delinquent non-performing residential first lien loans (NPLs) recently auctioned by Freddie Mac,...
ATTOM: Foreclosure Filings Increased 11 Percent in Q1
A total of 93,953 U.S. properties saw foreclosure filings — default notices, scheduled auctions or bank repossessions — during the first quarter, an increase...
Westcor Hires Rachael Yenque as Florida Agency Representative
Rachael Yenque recently joined Westcor Land Title Insurance Co. as Florida agency representative.
Yenque has 20 years of experience in the title insurance industry. She...
ICE: Home Price Appreciation Slowed in February
Home price appreciation slowed across the U.S. in February, with condo prices decreasing annually for the first time in more than a decade, according...
Freddie Mac Auctions Pool of NPLs With $261 Million in UPB
Freddie Mac recently sold via auction 1,458 deeply delinquent non-performing residential first lien loans (NPLs) from its mortgage-related investments portfolio.
The loans, with an unpaid...
Fannie Mae Auctions Pool of RPLs With $558.7 Million in UPB
Pacific Investment Management Company LLC is the winning bidder on a pool of 3,130 reperforming mortgage loans (RPLs) totaling $558,713,266 in unpaid principal balance...