Non-Bank Mortgage Servicers Should Expect Increased Regulator Scrutiny
According to Fitch Ratings, non-bank mortgage servicers should expect increased regulatory scrutiny in the coming months as pandemic-related government forbearance programs expire and borrowers transition into other permanent loss mitigation [...]
Refinance Activity Dips Further
Omicron issues, combined with inflation concerns, and Fed tapering are pushing mortgage rates out of reach for those on the fence of obtaining a refinance. The post Refinance Activity Dips [...]
FHFA Releases Strategic Plan for 2022-2026
The FHFA has released a draft of its strategic plan and is requesting input from interested parties before a final version is released. The post FHFA Releases Strategic Plan for [...]
ServiceMac to Begin Servicing Homepoint’s Loans
New partnership will allow Homepoint to channel its resources towards its origination channels, product offerings, and enhancement of the broker-partner experience. The post ServiceMac to Begin Servicing Homepoint’s Loans appeared [...]
Mortgage Delinquencies Decrease in Q4
This number is down 23 basis points from the third quarter of 2021 and down 208 basis points from one year ago. For the survey, MBA servicers reported loans in forbearance [...]
Marriage Is No Longer a Prerequisite for Buying a Home
Once considered something of a prerequisite for buying a home, more couples are forgoing marriage and choosing to buy a house as partners instead of husband and wife. This new [...]
Mr. Cooper and Sagent Partner on Cloud-Native Servicing Platform
Multi-year deal will integrate Mr. Cooper’s software platform into Sagent to accelerate the modernization of America’s top banks and lenders. The post Mr. Cooper and Sagent Partner on Cloud-Native Servicing [...]
The Week Ahead: Balancing Tech With the Human Touch
On February 16, the Five Star Institute will present a complimentary webinar focusing on how an empathetic approach to the forbearance process can promote customer loyalty. The post The Week [...]
Home Cost Hikes Fueled by Supply, Competition
According to the latest quarterly report from the National Association of Realtors, consumers saw home prices continue to increase in Q4 of 2021, though at a slower pace than Q3. [...]