Black Knight: Mortgage Performance Continued to Basically Hold Steady in September
The number of past-due mortgages continued to hold relatively steady across the board in September.
The U.S. mortgage delinquency rate dropped to 2.78% of all...
CoreLogic: Serious Mortgage Delinquency Rate Returns to Pre-Pandemic Low
CoreLogic’s monthly Loan Performance Insights Report for August 2022 shows that 2.8% of all mortgages in the U.S. were in some stage of delinquency...
Black Knight Servicing Digital Solution Integrates ServisBOT Automation Solution
The chatbot automation solution from ServisBOT, a provider of customer and employee service automation, is being integrated with the Conversational AI platform, a part...
Keaton to Lead Default Subservicing Opportunities for PHH Mortgage
PHH Mortgage Corp., a subsidiary of Ocwen Financial Corp. and a non-bank mortgage servicer and originator, has named Michael Keaton senior vice president of...
Commercial Mortgage Delinquency Rates Dropped in Q3 2022
Delinquency rates for mortgages backed by commercial and multifamily properties declined through the third quarter of 2022, according to the Mortgage Bankers Association's (MBA)...
Black Knight Combines Mortgage Servicing Solutions for Customers
Black Knight Inc. has integrated its Servicing Digital with Surefire marketing automation solutions, enabling servicers using Servicing Digital to make valuable content available to...
Fannie Mae Names Winners of Twentieth Non-Performing Loan Sale
The results of Fannie Mae’s twentieth non-performing loan sale transaction included the sale of approximately 5,650 loans totaling $936.9 million in unpaid principal balance...
Clarifire, IndiSoft Team to Integrate HUD Counselors into Loss Mitigation Workflows
Clarifire and Indisoft have partnered to inject HUD-approved housing counselors (HCAs) into loss mitigation workflows via an integration with IndiSoft’s National Housing Advocacy Platform...
Mortgage Delinquencies Decline for 16 Consecutive Months
CoreLogic’s Loan Performance Insights Report for July 2022 shows that 3% of all mortgages in the U.S. were in some stage of delinquency (30...
Black Knight: Foreclosures Starts Rise, Mortgage Delinquencies Decrease
Black Knight Inc. says the national delinquency rate fell to 2.79% in August, just 4 basis points above May 2022’s record low. Improvement was...
FHFA Report Shows a Substantial Decrease in Mortgage Refinancing in Q2
The Federal Housing Finance Agency (FHFA) has released its second quarter 2022 Foreclosure Prevention and Refinance Report, showing that Fannie Mae and Freddie Mac...
Michael Harris to Head Mortgage Servicing Business Practice at BlackFin Group
Mortgage servicing industry veteran Michael Harris has joined BlackFin Group, a management consulting firm serving the banking and mortgage industries, as managing director, partner...
Select Portfolio Servicing Integrates Rushmore Contracts, Personnel
Select Portfolio Servicing Inc. (SPS) has entered into a definitive asset purchase agreement with Rushmore Loan Management Services LLC to acquire certain Rushmore assets,...
CoreLogic: Mortgage Delinquencies Edged Up in June But Loan Performance Remains Strong
Mortgage delinquencies and foreclosures inched up slightly in June compared with May but continued to remain at two-decade lows, according to CoreLogic’s monthly Loan...
Gaskin Leading Transfer Services as New Vice President for Cenlar
Cenlar FSB, a mortgage loan subservicer and federally chartered wholesale bank, has named Gary Gaskin vice president of transfer services. He will be responsible...
MBA Reports Low Delinquency Rates for Commercial Mortgages
The Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Delinquency Report shows commercial and multifamily mortgage delinquencies declined in the second quarter of 2022. Based on...
SingleSource Names Jodi Bell VP of National Sales
Jodi Bell has joined SingleSource Property Solutions, a provider of residential property services supporting the U.S. housing industry, as vice president of national sales.
Bell...
Mike Whiting: For Reverse Mortgages, Timely and Accurate Payment of Property Taxes is Critical
PERSON OF THE WEEK: Reverse mortgages are forecast to increase in the coming years which means mortgage servicers and subservicers that handle these products...
Foreclosure Filings Up Nearly 120 Percent from a Year Ago, ATTOM Reports
ATTOM’s 2022 U.S. Foreclosure Market Report shows there were a total of 34,501 U.S. properties with foreclosure filings (default notices, scheduled auctions or bank...
Applied Business Software Releases Upgrade of The Mortgage Office PRO
Applied Business Software Inc. (ABS), a loan servicing and origination software company, has released The Mortgage Office PRO, an upgraded version of its desktop...