Servicing

This is an increase from Black Knights April 16 data, when more than 2.9 million homeowners, or 5.5% of all mortgages, have entered into COVID-19 mortgage forbearance plans.

The Hon. Brian D. Montgomery, Assistant Secretary for Housing - Federal Housing Commissioner stated that the previous policy was "not practical given the public health recommendations.” HUD also provided further updates on how the Department is addressing the virus.

The National Mortgage Servicing Association joined with the MBA and the Housing Policy Council to voice its strong support for FHA’s proposed changes to the Claims Without Conveyance program, echoing feedback from other industry groups.

On Friday, the association announced the cancellation of Single-Family Rental Summit and Five Star Government Forum.

MacIntyre brings over 25 years of mortgage industry experience to her position as CEO.

The bank's latest quarterly results revealed a drop total volume of nonperforming loans, leases and foreclosed properties.

Lenders express concerns over keeping pace with changing regulations and HMDA standards, according to an industry survey.

Click through to see the benefits, perks, and atmospheres promoted by the lenders and servicers who made MReport’s Top 25 Companies in Mortgage and Servicing.

Steve Staid, Gateway First Bank’s new Chief Servicing Officer discusses trends, challenges, and a possible solution to the affordable housing crisis.

HLP has announced that it will close its doors effective on December 31. Find out why President and CEO Mark Cole views this transition as “mission accomplished.”