With the three-month and 10-year Treasury yields inverting for the first time since mid-2007, here how experts say it could impact mortgage rates and the larger economy.
Read More »OCC Puts Mortgage Servicing Under the Microscope
Banks serviced approximately 16.9 million first-lien residential mortgage loans by the end of 2018 according to an OCC report. Click through to learn what the report revealed about loan modifications and foreclosures.
Read More »Black Knight Solution Powers U.S. Bank Mortgage Servicing
U.S. Bank is using Servicing Digital to supplement internal capabilities and offer its customers ongoing, detailed information about their loans, and tools to manage their housing wealth.
Read More »U.S. Supreme Court: Obduskey Foreclosure Case Counterarguments “Unconvincing”
The U.S. Supreme Court’s ruling in the case of Obduskey v. McCarthy & Holthus LLP will have major implications for the industry and the application of the Fair Debt Collection Practices Act.
Read More »The Cloud Hanging Over Loan Performance
While most of the country has seen delinquency rates diminish over the past few years, the fallout from natural disasters is still holding some areas back.
Read More »Peter Lutz Named VP, National Sales Manager at LRES
LRES announced Peter Lutz as its VP, National Sales Manager, read more about him and what he will be doing for the residential and commercial mortgage services industry,
Read More »The Week Ahead: Checking in on Existing Home Sales
A report releasing on Friday will give insights into the performance of the sale of existing homes across the country. Here’s what else is in store in The Week Ahead.
Read More »Calls for Reform of Nonbank SIFI Supervision
At a Senate hearing Thursday, policymakers heard testimony on the Financial Stability Oversight Council’s current oversight of nonbank entities.
Read More »HELOC Shoppers Seek Alternatives
Many consumers are seeking alternatives to the traditional HELOC. What is pushing them away?
Read More »Montgomery Addresses FHA’s Protection Plan/Inspector Regs Updates
With the release of two new HUD mortgagee letters, FHA Commissioner Brian Montgomery says the Administration is working to remove unnecessary barriers for lenders. Read more about the changes here.
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