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News reports of the negative impact to borrowers from the partial claims program's discontinuation, and a letter from Senate Democrats, appear to have prompted the statement.
November 20 -
The top five servicers that are depositories have a combined unpaid principal balance of more than $1.89 trillion at the end of Q2 2023.
October 24 -
The servicer said it entered into the consent order "without admitting any wrongdoing, to avoid the expense and distraction of litigation."
October 17 -
Not only could warehouse lines of credit be impacted by the U.S. version of international Basel rules, and financing secured by mortgage servicing rights may be, too.
October 17 -
The shape it takes could have implications for how Fannie Mae and Freddie Mac price loans for nonbanks and depositories.
October 10 -
MSP users who are not Encompass customers are a particular target and vice versa, ICE Mortgage Technology chair Ben Jackson said.
September 28 -
The impact on things like servicing rights would raise costs even for lenders that aren't banks, according to Mortgage Bankers Association President and CEO Bob Broeksmit. Others disagree.
September 14 -
But at the same time, the publicly traded company is selling off another type of housing finance asset to some large depository institutions.
September 13 -
A continued slowdown in refinances, though, drove overall loan-application volumes lower last week, even as the Government Index posted a small gain, according to the Mortgage Bankers Association.
September 13 -
The Federal Housing Finance Agency also is offering more opportunities for public dialogue as stakeholders debate how fast the process should move forward.
September 11