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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Most Recent Servicing News
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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Mortgage
Rithm Capital files for SPAC public offering
Feb 4, 2025It is possible, though not highly likely, that a newly created special purpose acquisition company could be the way that...
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Mortgage
Servicers advise homeowners on next steps after LA fires
Jan 20, 2025A resident whose house was destroyed speaks with a Federal Emergency Management Agency worker after the Eaton fire in Pasadena,...
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Mortgage
Fire razes LA enclave bigger than Manhattan
Jan 11, 2025Three days after the fire began raging in the Pacific Palisades of Los Angeles, only 8% of it has been contained and...
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Mortgage
Rocket, Pennymac, UWM ratings upgraded by Fitch
Nov 10, 2024The bulk of more sizable, rated nonbank mortgage companies will start the new year on better footing than 12 months...
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Mortgage
13 largest homeowners insurers denied nearly half of claims last year
Sep 27, 2024Likely looking to offset the rising costs of climate change, the nation’s 13 largest homeowners insurers denied 47.5% of their...
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