Saturday, February 1, 2025

Mortgage Servicing

Covius Completes Nationwide Title Clearing Acquisition

Covius Holdings Inc., a provider of technology-enabled solutions to the financial services industry, has completed the acquisition of Florida-based Nationwide Title Clearing LLC (NTC)....
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Fannie Mae Names Winner of Community Impact Pool of Non-Performing Loans

Fannie Mae has announced the winning bidder for its eighteenth Community Impact Pool (CIP) of non-performing loans. The CIP includes approximately 140 loans totaling...

Black Knight: Loan Performance Continued to Improve in September

The national mortgage delinquency rate fell to 3.91% in September, a decrease of 2.25% compared with August and a decrease of 41.3% compared with...

Share of Mortgage Loans in Forbearance Drops

The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey shows that the total number of loans in forbearance decreased by 7 basis...

First American Completes ServiceMac Acquisition

First American Financial Corp., a global provider of title insurance, settlement services and risk solutions for real estate transactions, has completed its acquisition of...

CoreLogic Acquires ClosingCorp to Expand Digital Solutions Suite

CoreLogic, a global property information, analytics and data-enabled solutions provider, has completed its acquisition of all outstanding shares of ClosingCorp.  ClosingCorp is a partner to...

Computershare Loan Services Continues Sagent Loan Servicing Agreement

Sagent, a fintech company focused on mortgage and consumer loan servicing for banks and lenders, has announced an agreement extension with Computershare Loan Services,...

Share of Mortgage Loans in Forbearance Decreases

The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey shows that the total number of loans in forbearance decreased by 27 basis...

Virginia Housing, Black Knight Renew Contract for MSP Servicing System

Virginia Housing has renewed its contract to use Black Knight Inc.’s MSP servicing system. Virginia Housing has been a Black Knight client for 25...

Share of Mortgage Loans in Forbearance Decreases by Less Than 1 Percent

The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey has revealed that the total number of loans now in forbearance decreased by...

Ocwen Financial, Reverse Mortgage Solutions Close on Servicing Platform Sale

Ocwen Financial Corp.’s wholly-owned subsidiary, PHH Mortgage Corp., has completed the previously announced transaction with Reverse Mortgage Solutions Inc. (RMS) and its parent, Mortgage...

Share of Mortgage Loans in Forbearance Drops to 2.96 Percent

The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey has revealed that the total number of loans now in forbearance decreased by...

FHFA Extends COVID-19 Multifamily Forbearance Options

The Federal Housing Finance Agency (FHFA) has announced that Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property...

Frost Bank, Infosys Debut Mortgage Loan Product Offering

Infosys is collaborating with Frost Bank to provide strategic business consulting and digital capabilities to enable Frost Bank to offer mortgage loans along with...

ACES: Rate of Critical Defects in Closed Mortgages Fell Again in Q1

The rate of critical defects in mortgage loans post-closing fell to 2.01% in the the first quarter, down from 2.09% in the fourth quarter...

Downward Trend Continues for Commercial and Multifamily Mortgage Delinquencies

Delinquency rates of mortgages backed by commercial and multifamily properties have broadly improved in recent months, according to two reports released by the Mortgage...

Covius Acquires Nationwide Title Clearing

Covius Holdings Inc., a provider of technology-enabled solutions to the financial services industry, has reached an agreement to acquire Nationwide Title Clearing Inc. (NTC)....

Share of Mortgage Loans in Forbearance Decreases by 15 Basis Points

The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey has revealed that the total number of loans now in forbearance decreased by...

Paradatec Mortgage Document Technology Now Available in AI-Cloud Offering

Paradatec, a provider of AI-based document classification and data extraction technology for mortgage loan processing, is now offering its software via the cloud. “Our clients...
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Share of Mortgage Loans in Forbearance Decreases

The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey has revealed that the total number of loans now in forbearance decreased by...