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Bill to enhance mortgage servicer oversight introduced in Congress - Mortgage Professional America

Mortgage Professional America

Bill to enhance mortgage servicer oversight introduced in Congress
Mortgage Professional America
Rep. Maxine Waters (D-Calif.) has introduced a bill that would increase oversight on mortgage services to protect homeowners facing foreclosure. Under H.R. 6102, or the Homeowner Mortgage Servicing Fairness Act of 2018, Federal Housing Finance ...

Mortgage Servicing Industry Braces for Next Disaster - DSNews.com

DSNews.com

Mortgage Servicing Industry Braces for Next Disaster
DSNews.com
Hosted by DIMONT, the invitation-only Summit will bring together representatives from the mortgage servicing industry along with government representatives from Fannie Mae and FEMA to collaborate on strategizing best practices for future disaster ...

Web Seminar FHA distressed loan servicing: When less costs more - National Mortgage News

Web Seminar FHA distressed loan servicing: When less costs more
National Mortgage News
While the volume of distressed loans insured by the Federal Housing Administration and Department of Veterans Affairs is down from its peak, the mortgages are no less complicated to service. This presents a conundrum for mortgage companies, which have ...

US Bancorp Is The Only Major US Bank Still Reporting Mortgage Servicing Growth - Forbes

Forbes

US Bancorp Is The Only Major US Bank Still Reporting Mortgage Servicing Growth
Forbes
The trend of a sequential decline in the total mortgage servicing portfolio for the five largest U.S. banks continued in the first quarter of 2018, as a notable reduction in third-party mortgage servicing portfolio mitigated small gains from fresh ...

GSEs vying to help lenders manage mortgage servicing rights - National Mortgage News

National Mortgage News

GSEs vying to help lenders manage mortgage servicing rights
National Mortgage News
Government-sponsored enterprises Fannie Mae and Freddie Mac are in a race to offer services and technology that help mortgage bankers raise cash from mortgage servicing rights. Freddie Mac, for example, recently launched technology that helps manage ...
Mortgage Rates Retreat - Freddie MacFreddie Mac
Freddie Mac Mortgage Market Survey ArchiveFreddie Mac

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MountainView brokering $3.6B in Fannie Mae mortgage servicing rights - National Mortgage News

National Mortgage News

MountainView brokering $3.6B in Fannie Mae mortgage servicing rights
National Mortgage News
Situs subsidiary MountainView Financial Solutions is brokering a $3.6 billion nonrecourse package of Fannie Mae mortgage servicing rights with a high refinance loan concentration. The package has full representations and warranties from the unnamed ...

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National Mortgage Servicing Association Petitions FCC on TCPA Regs - DSNews.com

DSNews.com

National Mortgage Servicing Association Petitions FCC on TCPA Regs
DSNews.com
On Wednesday, the National Mortgage Servicing Association (NMSA) sent a letter to the FCC requesting clarifications and guidance regarding implementation of regulations imposed by the Telephone Consumer Protection Act (TCPA). Back in March, the U.S. ...

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Big changes at CIT: Exits reverse mortgage and servicing businesses - HousingWire

HousingWire

Big changes at CIT: Exits reverse mortgage and servicing businesses
HousingWire
The company also revealed that it is exiting the mortgage servicing business. According to CIT, the company “outsourced the payment, servicing and administration of duties” on its $5.2 billion mortgage servicing portfolio to a “leading national ...
CIT Closes Financial Freedom Sale, Exits Reverse Mortgage MarketReverse Mortgage Daily

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More turmoil at Ocwen as company nears merger - The Real Deal

The Real Deal

More turmoil at Ocwen as company nears merger
The Real Deal
A second top executive at the troubled mortgage service provider Ocwen Financial Corp. is leaving the company. Ocwen's CFO Michael Bourque plans to depart on June 22, according to a Securities and Exchange Commission filing. The news comes just a ...

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How AI Will Change Mortgage Servicing - DSNews.com

DSNews.com

How AI Will Change Mortgage Servicing
DSNews.com
On Monday, Black Knight Inc. announced the acquisition of HeavyWater, an artificial intelligence and machine learning (AI/ML) provider for the financial services industry, through its custom-solution called AIVA. While it will initially be used as a ...

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