Saturday, February 1, 2025

Mortgage Servicing

Oakleaf Hires Connally as Managing Director of Mortgage Servicing Solutions

Susan Connally has joined the Oakleaf Group as managing director of mortgage servicing solutions. Oakleaf is a provider of mortgage loan due diligence, data analytics,...

Mortgage Loans in Forbearance Decreases, MBA Reports

The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey reveals that the total number of loans now in forbearance decreased by 1...

Evolve Adds E-Modification Product to Support RON Transactions

Evolve Mortgage Services, a provider of on-shore outsourced mortgage services and a complete software platform to support full digital e-mortgages, has released a new e-modification product...

LRES Acquires Keystone Asset Management

LRES Corp., a diversified REO/asset management and valuations company, has signed a definitive agreement to acquire Keystone Asset Management Inc., a Pennsylvania-based REO/asset management...

Mortgage Delinquencies Decrease in Q2 2021

The delinquency rate for mortgage loans on one-to-four-unit residential properties has decreased to a seasonally adjusted rate of 5.47% of all loans outstanding at...

Incenter Mortgage Advisors Taps Andy Beggins as Director, Analytics

Andy Beggins has joined Incenter Mortgage Advisors, a provider of capital markets, trading and advisory services, as director, analytics. Beggins was previously with Specialized Loan...

Rate of Forbearance Fell to 3.26% of All Loans and the Trend Remains Positive

The rate of forbearance on mortgages fell to 3.26% of servicers' portfolio volume during the week ended Aug. 8, down from 3.40% the previous...
Mortgage magnets

Oaktree Funding Joins Calyx Point as a Participating Lender

Calyx, a provider of comprehensive mortgage software solutions for banks, credit unions, mortgage bankers, and wholesale and correspondent lenders and brokers, has announced that...

Metro Public Adjustment Acquires DIMONT

Metro Public Adjustment Inc., a public adjusting company, has acquired DIMONT, a provider of specialty insurance claims and loan administration services to the residential...

REOMAC Rebrands as National Association of Default Professionals

Mortgage-industry association REOMAC has been renamed the National Association of Default Professionals (NADP) to more accurately reflect the organization’s charter as well as better...

Delinquency Rate Fell in May to Lowest Level Since June 2020

CoreLogic’s monthly Loan Performance Insights Report for May 2021 shows that 4.7% of all mortgages in the U.S. were in some stage of delinquency...

Data Show July 2021 U.S. Foreclosure Activity Declined Slightly

ATTOM has released its July 2021 U.S. Foreclosure Market Report, which shows there were a total of 12,483 U.S. properties with foreclosure filings –...

Arc Home Automates Middle Office Mortgage Operations

Indecomm Global Services says Arc Home LLC is implementing its BotGenius suite of automation solutions: a collection of software robots are pre-built to emulate...

Charles E. Halko Jr. Joins AHP Servicing

AHP Servicing, a residential mortgage special servicer, has named Charles E. Halko Jr. as CFO. Most recently, Halko spent 10 years at Selene Finance LP...

Black Knight Integrates Servicing Solution Within Technology Ecosystem

Black Knight Inc. is integrating its interactive, consumer-facing Servicing Digital web and mobile solution into the company's other products. Servicing Digital is being included...

Research Shows Lower Missed Housing Payments in Q2 2021

Slightly under 5 million households did not make their rent or mortgage payments in the second quarter of 2021, according to updated research from...

New Mexico Court Ruling Assists Borrowers Under Threat of Foreclosure

The state Supreme Court has adopted rules to help New Mexicans facing the potential loss of their homes after the end of a federal...

Share of Mortgages in Forbearance Stalled at 3.5 Percent as Foreclosure Moratoriums End

The share of mortgages in forbearance decreased by 1 basis point during the week ended July 25, reaching 3.47% of servicers' portfolio volume, down...

FHFA Extends COVID-19 REO Eviction Moratorium

Fannie Mae and Freddie Mac are extending the moratorium on single-family real estate owned (REO) evictions until September 30, 2021, the Federal Housing Finance...

Share of Mortgage Loans in Forbearance Decreases

The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 2...