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...
Waterstone Mortgage Promotes David Sparks to Director, Affordable Housing and Loan Servicing
David Sparks has been promoted to director, affordable housing and loan servicing, at Waterstone Mortgage.
Sparks has more than 25 years of experience in the...
CoreLogic: Mortgage Delinquency Rate Has Been at Record Lows for 18 Months
The U.S. mortgage delinquency rate remained near its record low in September, with the percentage of loans in some stage of delinquency (30 days...
Fannie Mae Announces Community Impact Pool NPL Sale
510 Residential Loan Acquisition V LLC (400 Capital) is the winning bidder on a pool of 61 non-performing mortgage loans (NPLs) recently auctioned by...
Foreclosure Starts Increased 30 Percent in October but Overall Performance Remains Strong
There were about 33,000 foreclosure starts in October, an increase of 30.43% compared with September and an increase of 32.85% compared with October 2022,...
Share of Mortgages in Forbearance Falls as COVID-Related Plans Sunset
The share of mortgage loans in forbearance decreased by 2 basis points to 0.29% of servicers’ portfolio volume as of October 31, according to...
Wells Fargo Using CoreLogic for Tax Processing
CoreLogic reports that it will be providing Wells Fargo Home Lending with real estate tax processing operations and will manage those services for Wells...