Covius, NetDirector Integrate Servicing Platform to Streamline Title, Property Reports
Covius’ Settlement Services group has integrated with NetDirector’s full-service, cloud-based default servicing integration platform.
Law firm Hughes Watters Askanase (HWA) will be the first client...
Sheen v. Wells Fargo Bank: California Supreme Court Limits Borrower Negligence Claims
BLOG VIEW: Over the past decade, California courts - both state and federal - have struggled with the question of whether, and to what...
After January Spike, Foreclosure Starts Drop by 24 Percent
Black Knight Inc. says the total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure) was 3.36% at...
FHFA Reports 153,793 Foreclosure Prevention Actions Completed in Q4 2021
The Federal Housing Finance Agency (FHFA) has released its fourth-quarter 2021 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie...
Number of Mortgages in Forbearance Declined Slightly in February
The Mortgage Bankers Association's (MBA) monthly Loan Monitoring Survey reveals that the total number of loans in forbearance decreased by 12 basis points from...
ATTOM Reports Foreclosure Filings Increase of 129 Percent Year over Year
ATTOM, a licensor of foreclosure data and parent company to RealtyTrac, has released its February 2022 U.S. Foreclosure Market Report, which shows there were...
CoreLogic: Mortgage Delinquency Rate Hit Lowest Level in Recorded History in December
Thanks to an improving economy and growing home equity, the U.S. mortgage delinquency rate hit its lowest level in recorded history in December, falling...
Freedom Mortgage Continues Utilizing Sagent Software for Mortgage Servicing Operations
Sagent has signed a five-year partnership extension with Freedom Mortgage Corp. to continue powering its enterprise and consumer mortgage servicing ecosystem. Freedom Mortgage will...
Iowa Bankers Integrates Black Knight Mortgage Servicing System
Iowa Bankers Mortgage Corp. (IBMC), an affiliate of the Iowa Bankers Association, has signed a contract to use Black Knight Inc.’s Black Knight MSP...
Black Knight Empower, MSP Systems Support Frost Mortgage Operations
Frost has signed an agreement to use Black Knight Inc.'s integrated, end-to-end mortgage origination and servicing solutions, including the Empower loan origination system (LOS)...
CoreLogic Data Indicates Drop in National Average Property Tax Delinquency Rate in 2021
Annual data for 2021 shows a national average tax delinquency rate of 5.9%, down 0.4% from the year prior, according to CoreLogic’s Real Estate...
Share of Mortgages in Forbearance Plans Keeps Falling
The share of mortgages remaining in forbearance plans fell to 1.3% as of January 31, but there was some deterioration in the performance of...
BSI Financial Services Taps Yarbrough as SVP, Chief Lending Officer
Kelli Yarbrough recently joined BSI Financial Services, a mortgage-centric financial services company, as senior vice president and chief lending officer.
Yarbrough has more than 20...
Mortgage Servicers Gain Recognition for Industry Excellence from Fannie Mae
Fannie Mae’s 2021 Servicer Total Achievement and Rewards (STAR) Program has recognized 29 mortgage servicers for competency, capacity and overall performance. Since 2011, Fannie...
Executive Leadership Changes at Black Knight
Joe Nackashi is the new CEO of mortgage software firm Black Knight, as of May 22, the company announced. He was previously president.
Nackashi replaces...
ServiceMac Signs on to Manage Homepoint Mortgage Servicing Operations
Home Point Financial Corp., a subsidiary of Home Point Capital Inc., one of the nation’s leading mortgage originators and servicers, today announced an agreement...
Mr. Cooper, Sagent Sign Mortgage Servicing Technology and Equity Stake Deal
Mr. Cooper Group Inc. and Sagent M&C LLC have signed a definitive agreement under which Sagent will buy certain intellectual property rights related to...
First American Names Ken DeGiorgio CEO
Kenneth D. DeGiorgio is the new CEO at First American Financial Corp., replacing Dennis J. Gilmore, who will transition to chairman of the board...
Slatt Capital Brings in Burnett as Loan Servicing Managing Director
Elizabeth Burnett has joined Slatt Capital’s leadership team as managing director of loan servicing. She will be responsible for the 12-team member loan servicing...
Fairway Independent Mortgage Chooses Celink as Reverse Mortgage Subservicer
Celink, a reverse mortgage subservicer, has been selected by Fairway Independent Mortgage Corp., a nationwide mortgage lender, to help support the ongoing expansion of...