Rocket Companies CEO Varun Krishna and Mr. Cooper Chair and CEO Jay Bray.
Both companies have invested heavily in AI. But while Rocket consistently earns high marks for loan servicing, Mr. Cooper's J.D. Power rankings have been subpar for more than a decade
by Matt Carter Jul 28
Hubzu operator Altisource plans reverse split to avoid delisting
Real estate and mortgage services provider has racked up $363M in cumulative losses and ended Q1 with $30.8M of cash and cash equivalents following debt restructuring
by Matt Carter May 27
Gavel over one hundred dollar bills represents Newrez' settling a complaint
The CFPB alleges mortgage servicers charged excessive late fees, assessed 'fake' private mortgage insurance premiums and made homeowners pay for unnecessary inspections
by Matt Carter Mar 8
End of forbearance programs could strain loan servicers
Companies that collect mortgage payments expected to help homeowners avoid foreclosure
by Matt Carter Aug 2
Freddie Mac names Mark Grier interim CEO
The Prudential Financial vet served on Freddie Mac's board of directors for about a year before being named the company's interim chief executive officer
by Lillian Dickerson Mar 17
Foreclosures are up. What agents should know about seized properties
Now that many restrictions have expired, foreclosure filings are on the rise once again; here’s what you should know to pursue foreclosures
by Nicole Solari Jun 20
Mortgage loans in forbearance tick up to 8.55 percent
The share of mortgage loans in forbearance modestly rose to 8.55 percent of servicers' portfolio volume during the week ending on June 7, up from 8.53 percent the previous week
by Lillian Dickerson Jun 15
Computers papers meeting office
LoanSphere Servicing Digital allows homeowners to view loan information, provides tips for building equity and on-the-spot assistance from mortgage servicers
by Marian McPherson Jun 26
New database helps loan servicers avoid losing property to foreclosure
by Steve Bergsman Sep 21
RealtyTrac: Short sales outnumber REO sales in California, Arizona, Florida
by Inman Apr 19
Treasury's 'SPOC' requirement not entirely logical?
by Jack Guttentag Dec 5
Resolution could clear way for more bank repos, foreclosure sales
by Inman Feb 18
These predatory practices affect more borrowers than 'robo-signing'
by Jack Guttentag Nov 15
Consumers rate loan servicers
by Inman Aug 26
RE/MAX hosts broadcast to educate agents
by Inman Apr 9