Pennymac 4Q results affected by shifting mortgage rates
Jan 30, 2026PennyMac Financial Services fourth quarter earnings were affected by the lower interest rate environment in the quarter, coming in higher...
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Most Recent Servicing News
Mortgage
Warren seeks records on ‘zombie’ second mortgages after crisis
Dec 22, 2025A key Senate leader is requesting records surrounding the cancellation of second mortgages following the Great Financial Crisis and asking...
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Mortgage
US home equity drops $374B as underwater mortgages rise
Dec 14, 2025Borrower equity in the U.S. saw a third-quarter pullback, while a corresponding increase in underwater mortgages is raising concerns about...
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Mortgage
FHA borrowers face growing payment challenges
Nov 16, 2025Mortgage delinquencies increased by 6 basis points from the second quarter, as the performance of Federal Housing Administration-insurance loans declined,...
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Mortgage
Experian responds to FICO, offers VantageScore 4.0 for free
Oct 15, 2025Amidst a credit score war, Experian has thrown the latest punch. The data and technology company will now offer VantageScore...
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Mortgage
Mortgages no longer top payment priority
Sep 16, 2025Mortgages no longer sit atop the payment hierarchy, as distressed consumers are 19% more likely to pay their auto loans...
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Mortgage
How flooring choices affect mortgage appraisals
Sep 12, 2025Lenders evaluating residential properties often overlook the influence of surface-level features that directly affect valuation outcomes. Flooring is one of...
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Mortgage
Why homeownership dropped for first time in years: Harvard
Jun 24, 2025A long-term rise in the homeownership rate ended last year, and the latest report from the Harvard Joint Center for...
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Mortgage
Mortgage servicers benefit most from FOMC’s inaction: KBW
Jun 20, 2025In the aftermath of the Federal Open Market Committee’s June meeting, certain interest rate spreads should narrow, but the overall...
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Mortgage
FHA streamlines distressed mortgage borrower rules
Jun 4, 2025The Federal Housing Administration has revised updates planned for rules around contacting and offering options to distressed borrowers. The FHA...
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