Most Recent Servicing News

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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Household debt at a high, risks lurk beneath stable arrears

Household debt at a high, risks lurk beneath stable arrears

Household debt inched up to another record high in the first quarter even though nonmortgage-related debt drifted lower with a...

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California bills would pause mortgage payments in disasters

California bills would pause mortgage payments in disasters

Three wildfire-relief bills, including one that would let homeowners pause mortgage payments after a disaster declaration, cleared their respective California...

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MBA renews press for limited single report as scores compete

MBA renews press for limited single report as scores compete

Now that there are formal government-sponsored enterprise guidelines for score modernization that help fulfill a legislative mandate, the Mortgage Bankers...

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UWM doubles down on criticism of Two Harbor’s management

UWM doubles down on criticism of Two Harbor’s management

UWM Holdings intensified its attack on Two Harbors’ management after the markets closed on Friday, following a full day of...

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Better, Coinbase allows tokens to support conforming loan

Better, Coinbase allows tokens to support conforming loan

Better Home & Finance, the parent company of Better.com, is partnering with Coinbase to launch token-backed down payments for conforming...

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UWM’s Two Harbors deal in doubt, analysts warn

UWM’s Two Harbors deal in doubt, analysts warn

UWM Holdings may have to increase its offer to get the agreed to purchase of Two Harbors over the finish...

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