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Wells Fargo Bolsters National Mortgage Servicing Association Representation - DSNews.com

DSNews.com

Wells Fargo Bolsters National Mortgage Servicing Association Representation
DSNews.com
The National Mortgage Servicing Association (NMSA) announced that Wells Fargo Home Mortgage (WFHM) SVP and Head of Servicing Change Delivery Gui Kahl has joined the organization. Kahl succeeds J.K. Huey, who retired in May, as one of two ...

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CFPB issues implementation date guidance to mortgage servicing rule - HousingWire

CFPB issues implementation date guidance to mortgage servicing rule
HousingWire
The Consumer Financial Protection Bureau released updated guidance along with two technical corrections to the final mortgage servicing rule that is set to go into effect on Oct. 19. The bureau released two documents that relate to the 2016 Amendments ...
Waivers Granted for Early Compliance with Servicing RulesMortgage News Daily

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Fifth Third Bank reports residential mortgage lending increase in Q2 - HousingWire

HousingWire

Fifth Third Bank reports residential mortgage lending increase in Q2
HousingWire
Net mortgage servicing revenue dropped to $18 million, down from $23 million in the first quarter this year and $21 million in the second quarter of 2016. And as its mortgage servicing revenue dropped, so did its provision for loan and lease losses ...

Mortgage servicers do make mistakes - Las Vegas Review-Journal

Las Vegas Review-Journal

Mortgage servicers do make mistakes
Las Vegas Review-Journal
Do you have warm feelings about your mortgage servicer? If you have a mortgage, you have a servicer. It's the company you send your monthly payments to. If you're like me, you're cool with your servicer as long as it doesn't screw something up.

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What is causing considerable operational headaches in the mortgage sector? - HousingWire (blog)

HousingWire (blog)

What is causing considerable operational headaches in the mortgage sector?
HousingWire (blog)
The 22nd Annual Western States Loan Servicing & Technology Conference in San Diego brings together some of the veterans of the residential mortgage sector to talk about the business of technology. Sponsored by the California Mortgage Bankers ...

Citi mortgage originations slashed in half in second quarter - HousingWire

HousingWire

Citi mortgage originations slashed in half in second quarter
HousingWire
Meanwhile, looking back, the bank's first-quarter earnings report revealed a drastic shift away from its mortgage servicing rights portfolio, as continued to shed mortgage-servicing rights. According to Citi's first-quarter report, the bank claimed ...

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New York Community Bank selling mortgage business to Freedom Mortgage, Cerberus - HousingWire

HousingWire

New York Community Bank selling mortgage business to Freedom Mortgage, Cerberus
HousingWire
The bank announced Tuesday that it is selling its mortgage banking business, including its origination and servicing platforms, and the bank's mortgage servicing rights portfolio, to Freedom Mortgage. According to NYCB, its servicing portfolio carries ...
New York Community To Sell Mortgage Banking Business To Freedom MortgageNasdaq
Freedom Mortgage Agrees to Acquire Residential Mortgage Assets from New York Community BankPR Newswire (press release)
New York Community Bancorp, Inc. - NYCB - Stock Price Today - Zacks - Zacks Investment ResearchZacks Investment Research
American Consumer News, LLC
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Mortgage Servicer's Transfer Notice Violates FDCPA - Lexology (registration)

Mortgage Servicer's Transfer Notice Violates FDCPA
Lexology (registration)
Mortgage servicers need to carefully review their Transfer Notices when the debt is in default at the time of transfer. In an unpublished decision, the Eastern District of New York recently held that a “Notice of Servicing Transfer” violated 15 U.S.C ...

CFPB issues policy guidance and technical corrections for mortgage servicing rule amendments - JD Supra (press release)

CFPB issues policy guidance and technical corrections for mortgage servicing rule amendments
JD Supra (press release)
The CFPB recently issued two updates for its Mortgage Servicing Rule amendments to Regulations X and Z. Issued on August 4, 2016, the Mortgage Servicing Final Rule amended various aspects of the existing Mortgage Servicing Rules. These changes will ...

mortgage title Archives - MortgageOrb - Mortgageorb

mortgage title Archives - MortgageOrb
Mortgageorb
KeyStoneB2B says it has developed a new title product that will facilitate the title order, title close, and borrower and seller closing disclosures during the ...

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