Aubrey Gilmore Promoted to President of Rutledge Claims Management
Aubrey Gilmore has been promoted to president of Rutledge Claims Management Inc. (RCM), a provider of hazard insurance claims management for the mortgage industry.
Gilmore...
CoreLogic: Mortgage Performance Still Strong in November as Job Market Remains Resilient
Mortgage performance continued to remain strong in November, although early stage delinquencies crept up slightly, according to CoreLogic’s Home Loan Performance Insights Report.
Only 2.9%...
Colonial Savings to Launch New Mortgage Servicing Ecosystem
Colonial Savings, a full-service community bank and national mortgage servicer headquartered in Fort Worth, Texas, is set to launch a new mortgage servicing ecosystem...
ICE: Mortgage Delinquencies Edged Up Slightly in December
The U.S. mortgage delinquency rate edged up to 3.57% in December, an increase of 5.55% compared with November and up 2.65% compared with December...
MBA: Forbearance as a Loss Mitigation Option is Diminishing
The share of mortgages in forbearance has fallen to just a sliver of what it was post-pandemic, in 2020 and 2021, the most recent...
Commercial Mortgage Delinquency Rates Jumped to End 2023
Delinquency rates for mortgages backed by commercial properties increased during the fourth quarter of 2023, according to the Mortgage Bankers Association's (MBA) commercial real...
Mr. Cooper Group Hires Mike Weinbach as President
Mike Weinbach has joined Mr. Cooper Group as president.
Weinbach has more than 25 years' experience in the financial services industry. He has a track...
ATTOM: Foreclosure Filings Decreased 8 Percent in Q4
A total of 92,896 U.S. properties saw foreclosure filings — default notices, scheduled auctions and bank repossessions — in the fourth quarter, according to...
MIAC Analytics Offering $964.57 Million Mortgage Servicing Rights Portfolio
MIAC Analytics is handling the sale of an agency and government mortgage servicing rights portfolio valued at around $964.57 million.
The portfolio of Fannie Mae,...
Blue Sage Solutions Launches New Mortgage Servicing Platform
Blue Sage Solutions, a provider of mortgage technology, has launched the Blue Sage Digital Servicing Platform (DSP), enabling lenders to utilize a fully integrated...
CoreLogic: Mortgage Delinquencies Continued to Hold at All-Time Lows in October
U.S. mortgage performance was again exceptionally solid in October, with overall delinquency, serious delinquency and foreclosure rates all continuing to hold near or at...
Avanze Hires Mikel Martin as Executive Vice President, Enterprise Sales
Mikel Martin recently joined Avanze Business Solutions, a BPS company in the mortgage industry, as executive vice president, enterprise sales.
Martin has more than three...
ICE: Mortgage Delinquencies Increased in November as Rising Rates Started to Impact Performance
The national mortgage delinquency rate edged higher to 3.39% in November, an increase of 3.95% compared with October but down 2.88% compared with November...
Mortgage Servicer LoanCare Reports Data Breach
The personal information of more than 1.3 million consumers was compromised as the result of a cyber attack on mortgage servicer LoanCare’s systems.
In the...
STRATMOR Group: Lenders That Ventured ‘Out of the Box’ Did the Best in 2023
A report from mortgage advisory firm STRATMOR Group shows that the mortgage lenders which saw the strongest results in 2023 - one of the...
MIAC Analytics Offering Fannie Mae MSR Portfolio
MIAC Analytics is handling the sale of a $624.3 million Fannie Mae mortgage servicing rights portfolio with a concentration in Pennsylvania.
The seller will be...
CoreLogic Introduces New Tool to Help Mortgage Stakeholders Navigate Data
CoreLogic has introduced Market Intelligence, a new solution to empower stakeholders in the mortgage industry with the tools they need to navigate the complex...
ATTOM: Foreclosure Actions Fell in November
Foreclosure filings — including default notices, scheduled auctions or bank repossessions – decreased 7% in November compared with October, but were up 5% compared...
Mortgage Subservicer Cenlar Piloting BaseCap Data Management and Regulatory Reporting
BaseCap Analytics, offering data integrity and automation solutions, is helping mortgage subservicer Cenlar enhance its compliance and deliver a better experience for borrowers through...
MIAC Analytics Handling Sale of Agency MSR Portfolio Valued at $1.63 Billion
MIAC Analytics is facilitating the sale of a Fannie Mae, Freddie Mac, Ginnie Mae, and Federal Home Loan Bank mortgage servicing rights portfolio valued...