Most Recent Servicing News

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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VA partial claim draft arrives with detail sought on limits

VA partial claim draft arrives with detail sought on limits

The Department of Veterans Affairs put a long-awaited policy for a new, temporary borrower assistance option out for comment this...

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A K-shaped split is emerging in mortgage delinquencies

A K-shaped split is emerging in mortgage delinquencies

Mortgage delinquency rates were up in the fourth quarter, with sharper increases in areas with rising unemployment rates and falling...

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Pennymac 4Q results affected by shifting mortgage rates

Pennymac 4Q results affected by shifting mortgage rates

PennyMac Financial Services fourth quarter earnings were affected by the lower interest rate environment in the quarter, coming in higher...

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Warren seeks records on ‘zombie’ second mortgages after crisis

Warren seeks records on ‘zombie’ second mortgages after crisis

A key Senate leader is requesting records surrounding the cancellation of second mortgages following the Great Financial Crisis and asking...

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