Mortgage Servicing
Latest Posts
BofA earnings surpass expectations in Q3 despite drop in mortgage banking
Oct 13, 2017While Bank of America did post an increase in earnings that even beat expectations, a loss in mortgage banking income pulled down noninterest earnings in the third quarter. Here’s the bank’s explanation for what caused the drop in mortgage banking.
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Ocwen shutting down largest origination channel; exiting wholesale forward lending
Oct 12, 2017 -
Citigroup continues slow pull away from mortgage originations
Oct 12, 2017 -
CIT Bank selling Financial Freedom, exiting reverse mortgage business
Oct 09, 2017 -
CFPB issues interim final rule on mortgage servicer communication
Oct 04, 2017 -
Ocwen dodges SEC investigations; settles with 3 more states
Oct 04, 2017 -
Ocwen settles with more states to relax mortgage servicing restrictions
Sep 29, 2017 -
Ocwen begins settling with states to remove mortgage servicing restrictions
Sep 28, 2017 -
Fannie Mae, Freddie Mac cut mortgage modification interest rate to lowest level of 2017
Sep 13, 2017 -
Wells Fargo acquires $51 billion in MSRs from Seneca Mortgage Investment
Sep 07, 2017 -
The Ocwen connection: New Residential, Altisource Portfolio Solutions ink REO agreement
Aug 28, 2017 -
Nationstar no more: Nonbank is now officially Mr. Cooper
Aug 21, 2017