The Senate Banking Committee will host a hearing featuring execs of the failed Signature Bank and Silicon Valley Bank to discuss the downfall of both institutions. Source: DS News

50% of survey respondents cannot or will not borrow against their home due to the current interest rate environment. Source: DS News

Foreclosure starts are down 7% from April, while completed foreclosures also decreased nearly 40%, as ATTOM's 2023 U.S. Foreclosure Market Report revealed one in every 4,234 housing units nationwide [...]

The U.S. Department of Housing and Urban Development has published the Final Rule for the National Standards for the Physical Inspection of Real Estate in the Federal Register, which [...]

Mark Tribuna of CRA Note Exchange discusses how the secondary market has transformed from trading exclusively second-mortgage down payment assistance loans to also handling first-lien notes for affiliates of [...]

In a deal for $324 million in cash, the acquisition of Home Point’s $84 billion servicing portfolio is expected to contribute to Mr. Cooper’s return on equity, with estimated [...]

The two-day summit featured a servicer certification class, followed by a day of panels from experts and highly placed people on a variety of bankruptcy- and default-related topics related [...]

Nearly 50% of millennials say they are likely to take out a home equity loan, as the new 2023 ServiceLink State of Homebuying Report reveals a growing share of [...]

By revoking the upfront fees based on borrowers’ DTI ratios for loans acquired by Fannie Mae and Freddie Mac, the FHFA continues its engagement to improve clarity and transparency [...]

Mortgage servicing fintech provider adds 120-plus members to its workforce by launching its non-U.S. headquarters in Chennai, India, following agreement with Mr. Cooper. Source: DS News