Most Recent Servicing News

Rising inflation drives requests for foreclosure advice

Rising inflation drives requests for foreclosure advice

What’s at Stake: Mortgage servicers may need to plan for an incoming wave of distressed borrower workloads if prior trends...

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Place rivals mortgage fintechs with Ardley acquisition

Place rivals mortgage fintechs with Ardley acquisition

Key Insight: Place is adding Ardley’s artificial intelligence-fueled recapture and retention technology to its widening ecosystem. Supporting Data: The company...

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Sun Belt residents show greatest need of servicing help

Sun Belt residents show greatest need of servicing help

Three Sun Belt states reported the worst foreclosure rates in August at the same time national repossessions saw a significant...

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Low vacancy directs lenders to Midwest zombie and investor stock

Low vacancy directs lenders to Midwest zombie and investor stock

A dearth of vacant properties means potential buyers may need to look for other opportunities in their search for a...

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Share of equity rich, mortgaged properties nears 5-year low

Share of equity rich, mortgaged properties nears 5-year low

The estimated share of mortgaged properties with at least half of their equity available has now officially sunk to a...

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States sue OCC over mortgage escrow interest pre-emption

States sue OCC over mortgage escrow interest pre-emption

A group of state attorneys general, led by Oregon and New York, are suing the Office of the Comptroller of...

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Large drop in new defaults may signal reprieve for servicers

Large drop in new defaults may signal reprieve for servicers

A performance measure for Federal Housing Administration-insured loans improved markedly in the past month, according to the latest numbers from...

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Annaly buys non-QM, agency servicing opportunistically in 2Q

Annaly buys non-QM, agency servicing opportunistically in 2Q

Annaly Capital Management’s purchases of loans and servicing contributed to a profitable second quarter above most consensus estimates, but its...

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31 of 50 riskiest housing markets cluster in 4 states  

31 of 50 riskiest housing markets cluster in 4 states  

Of the 50 U.S. counties with the risk for distressed properties, 31 are concentrated in four states, led by Florida,...

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Mortgage tech roundup: New tools for lenders and brokers

Mortgage tech roundup: New tools for lenders and brokers

In the heat of the homebuying season, multiple companies in the mortgage industry are rolling out new products to stand...

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