Mortgage Servicing
Latest Posts
Bank of America claims Ditech’s sale of RMS “threatens to abandon” elderly reverse mortgage borrowers
Jul 19, 2019Ditech Holdings announced last month that it had entered into an agreement to sell its reverse mortgage business, but now one of its big-named clients is formally objecting to the sale. Bank of America, which has a reverse mortgage servicing agreement with Ditech subsidiary Reverse Mortgage Solutions, filed a motion in court Thursday objecting to the deal as it currently stands, claiming that it “threatens to abandon the thousands of elderly borrowers” whose reverse mortgages are being serviced by RMS.
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OCC: Borrowers keep getting better at paying off their mortgages
Jun 27, 2019 -
FirstBank exiting wholesale mortgage lending
Jun 25, 2019 -
CitiMortgage to pay $7.8 million to California borrowers for not paying interest on escrow accounts
Jun 20, 2019 -
Creditors try to force Live Well Financial into bankruptcy
Jun 18, 2019 -
Ditech selling forward, reverse mortgage businesses
Jun 18, 2019 -
HomeStreet Bank sells off more of its mortgage business to Homebridge
Jun 17, 2019 -
Ocwen all but drops Ocwen name, will operate as PHH Mortgage and Liberty Home Equity Solutions
Jun 10, 2019 -
Homebridge expands mortgage business by acquiring retail loan centers from HomeStreet Bank
Jun 06, 2019 -
2019 Rising Star: Lauren Pryor
Jun 03, 2019 -
Urban Institute to FHA: Fix your reverse mortgage servicing problems
May 31, 2019
