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...
Gateway First Bank, Sagent Extend Residential Mortgage Partnership
Sagent, a fintech company focused on mortgage and consumer loan servicing for banks and lenders, has signed a multi-year partnership extension with Gateway First...
CoreLogic LoanSafe Explorer Helps Lenders Delve Deeper into Fraud Risks
CoreLogic has introduced its LoanSafe Explorer service - the newest addition to its LoanSafe fraud and risk mitigation suite.
The tool is designed to assist...
Foreclosure Starts Ticked Up in December as Moratoriums Concluded
The mortgage delinquency rate (30 days or more past due) fell to 3.38% in December, down nearly 6% compared with November and down nearly...
Mortgage Servicers Must Adapt to New Regulatory Realities
BLOG VIEW: At the onset of the pandemic, mortgage and consumer regulators relaxed the supervision and enforcement of servicers’ compliance with certain requirements that...
Guild Mortgage Hires Garcia DeLuca as VP of Marketplace Diversity Strategy
Victoria Garcia DeLuca is the new vice president of marketplace diversity strategy for Guild Mortgage, an independent mortgage lender providing residential mortgage products and local...
FHA Expands REO Purchase Opportunities For Owner-Occupant Buyers
The Federal Housing Administration (FHA) is increasing the exclusive listing period on certain HUD single-family real-estate owned (REO) homes to allow more time for...
Rate of Mortgages in Forbearance Dropped 26 Basis Points at End of 2021
The Mortgage Bankers Association's (MBA) new monthly Loan Monitoring Survey has revealed that the total number of loans now in forbearance decreased by 26...
ATTOM Data Show a Large Drop in U.S. Foreclosures
ATTOM has released its Year-End 2021 U.S. Foreclosure Market Report, showing that foreclosure filings – default notices, scheduled auctions and bank repossessions – were...
Mortgage Delinquency Rates Decreased This Fall, Reports CoreLogic
CoreLogic’s monthly Loan Performance Insights Report for October 2021 shows that 3.8% of all mortgages in the U.S. were in some stage of delinquency...
loanDepot Begins Offering Ginnie Mae Loan Servicing
loanDepot, a nonbank retail lender, is bringing the servicing of FHA, VA and USDA-funded Ginnie Mae loans in-house.
The move leverages ongoing investment in loanDepot's...
Mortgage Delinquencies Improve While Active Foreclosures Fall
In its report on November 2021 month-end mortgage performance statistics, derived from its loan-level database representing the majority of the national mortgage market, Black...
MBA Survey Shows Share of Mortgage Loans in Forbearance Decreases
The Mortgage Bankers Association's (MBA) new monthly Loan Monitoring Survey reveals that the total number of loans now in forbearance decreased by 39 basis...
DocMagic Debuts eDecision to Aid with Digital Closing Eligibility
DocMagic Inc., a provider of fully compliant loan document preparation, automated regulatory compliance and comprehensive eMortgage services, has rolled out eDecision, a solution that...
Doma Holdings Expands Mortgage Closing Technology Reach to Additional States
Doma Holdings Inc. has expanded its Doma Intelligence closing platform into the states of Washington, Utah, Maine, Tennessee and Mississippi, as well as the...
ProTitleUSA Acquires DocSolution for Document Preparation and Recording Capabilities
ProTitleUSA has completed an acquisition of document preparation and recording firm DocSolution Inc. by Charles A. Brown and Associates PLLC. The new company will...