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The megaservicer is fending off a class-action lawsuit while suing its insurers for allegedly failing to indemnify it following its breach in 2023.
April 4 -
Regulators should approve the deal because post-merger, the servicing market remains fragmented and the mortgage origination business is even more dispersed.
April 2 -
This transaction, following Rocket's purchase of Redfin, could be the start of the creation of large players to compete with the likes of Zillow.
March 31 -
The deal, expected to close by the end of 2025, will place Mr. Cooper CEO Jay Bray as president and CEO of Rocket Mortgage.
March 31 -
Nationally, starts are higher even when seasonal differences are accounted for and in some areas distress is far above the U.S. average, Attom found.
March 11 -
A coalition of national financial organizations filed a friend-of-the-court brief for preemption after regulators filed one against it in a key servicing case.
March 5 -
As climate change causes more frequent disasters, more mortgages are at risk of going underwater. How can banks limit their exposure?
March 3 -
When a house is lost, so is much of the collateral on the mortgage. Here's how both lenders and homeowners can bounce back.
February 20 -
Foreclosure filings increased 7% in January from December, which could be a housing market starting to experience trouble, or a post-holiday return to normal.
February 13 -
The subcommittee to be chaired by Sen. Katie Britt, R.- Ala. will oversee servicing and HUD at a time when Republicans are resurfacing legislative proposals they now have more power to advance.
January 24