Most Recent Servicing News

Waterstone Mortgage has best quarter in two years

Waterstone Mortgage has best quarter in two years

Waterstone Mortgage reported a second consecutive quarter of profitability, although management at its parent company cautioned about the macro environment...

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ICE’s Encompass down following CrowdStrike incident

ICE’s Encompass down following CrowdStrike incident

ICE Mortgage Technology’s Encompass loan origination system went down following a global technology outage. By Friday afternoon, many parts of...

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Texas Capital Bank files new motion in Ginnie Mae case

Texas Capital Bank files new motion in Ginnie Mae case

Texas Capital Bank has filed a new motion for partial summary judgment in its Ginnie Mae lawsuit that could lead...

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Ginnie Mae’s Sam Valverde on tackling liquidity hurdles

Ginnie Mae’s Sam Valverde on tackling liquidity hurdles

Ginnie Mae has been able to provide continuity on several key initiatives since Sam Valverde stepped in as acting president...

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Fannie Mae, Freddie Mac lower some hurdles to payment relief

Fannie Mae, Freddie Mac lower some hurdles to payment relief

Two major government-related mortgage investors, at the direction of their regulator and conservator, are updating a key vehicle that helps...

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