Loan Performance Remains Consistently Good by All Measurements
CoreLogic’s new Loan Performance Insights Report shows that nationally, 3.7% of mortgages were in some stage of delinquency (30 days or more past due,...
NTC Names O’Connell to Board of Directors
Post-closing services provider Nationwide Title Clearing Inc. (NTC) has appointed its chief operations officer, Michael O’Connell, to the company’s board of directors.
O’Connell has been...
Mr. Cooper Names New CEO of Xome
Mr. Cooper Group Inc. has appointed Mike Rawls CEO of Xome Holdings LLC, the company’s real estate services subsidiary.
In taking on this new role,...
Miniter Group Debuts Blog Series Covering Force-Placed Insurance
Miniter Group, a company focused on providing various insurance and insurance-tracking solutions, has released a new blog series titled "Challenging the Force-Placed Insurance Business...
Home Point Financial Attains SQ3+ Rating from Moody’s
Home Point Financial, a national multi-channel mortgage originator and servicer, says it has achieved an inaugural rating of SQ3+ from Moody's Corp.
Through its "Servicer...
First American Fully Acquires Arizona-based Title Security Agency
First American reports that it has fully acquired Title Security Agency, an Arizona-based company specializing in title and escrow services for residential and commercial...
Foreclosure Starts in November Fell to Lowest Level Since 2000
Foreclosure starts fell dramatically in November, reaching the lowest level since at least 2000, according to Black Knight’s First Look report.
Lenders started the foreclosure...
Bank Repossessions Jumped in November But Overall Foreclosure Activity Was Down 10%
Foreclosure activity - including default notices, scheduled auctions and bank repossessions - fell 10% in November compared with October and was down 6% compared with...
CoreLogic: Negative Equity Share Dropped to 3.7% in Q3
Due to rising home prices, the total number of U.S. properties in negative equity continued to shrink in the third quarter.
“Ten years ago, during...
Mortgage Servicer Retention Rates Fell in Q3 Despite Robust Refinance Volume
After reporting in September that mortgage servicer retention rates increased in the second quarter as a result of increased refinance volume, the trend appears...
LERETA Hires Steve Orgill as Chief Technology Officer
Steve Orgill has joined real estate tax and flood services firm LERETA as chief technology officer.
Orgill has more than 25 years of experience in...
Mortgage Delinquency Rate at Near-Record Low in October
The U.S. mortgage delinquency rate fell to 3.39% in October, a decrease of 3.82% compared with September and down 6.92% compared with October 2018,...
Ginnie Mae Using eOriginal For E-Vault Software and Services
Ginnie Mae, which is planning on adopting e-notes, recently announced that it has selected eOriginal Inc. as its provider for e-vault software and services.
eOriginal...
LERETA Taps Shannon McClaughry as VP of Customer Success
Shannon McClaughry has joined LERETA, a provider of real estate tax and flood services for mortgage servicers nationwide, as vice president of customer success.
McClaughry...
Potestivo & Associates Promotes Megan Johnson to Vice President
Megan M. Johnson has been promoted to vice president at Potestivo & Associates PC, a law firm serving the mortgage industry.
Johnson joined the firm...
U.S. Mortgage Delinquency Rate Fell to 25-Year Low in Q3
The U.S. mortgage delinquency rate continued to fall during the third quarter, reaching the lowest overall level in more than 25 years, according to...
CoreLogic: August Mortgage Delinquency Rate Lowest in at Least 20 Years
The U.S. mortgage delinquency rate hit the lowest level in at least 20 years in August, according to CoreLogic.
Roughly 3.7% of all mortgages were...
SLK Global Taps Lisa Donahue as VP of Customer Relationship Management
Lisa Donahue has joined SLK Global Solutions - which offers a suite of mortgage solutions - as vice president of customer relationship management.
Donahue has...
Mid America Mortgage Brings Servicing In-House
Mid America Mortgage reports that it has completed the transition of its servicing operations to its newly-formed in-house servicing department.
The company’s national servicing portfolio,...
CoreLogic Hires Francis Aaron Henry as Chief Legal Officer
Francis Aaron Henry has joined CoreLogic as chief legal officer.
Henry previously served as executive vice president, general counsel and corporate secretary for MoneyGram International...