Loan servicing giant Mr. Cooper lays off another 420 workers
Investors warned of 'break even' second quarter as rising mortgage rates put a bigger-than-expected dent in loan originations
by Matt Carter Jun 3
Mr. Cooper lays off originators while mortgage servicing business booms
Sale of Xome subsidiary could be in the works as lenders boost foreclosure filings and auction platform's distressed property inventory swells to record levels
by Matt Carter May 3
Cornerstone latest lender to take mortgage loan servicing in-house
In a coup for Black Knight, the deal is the latest in a growing trend as lenders see servicing as a way to smooth out revenue and retain past customers when they refinance or buy their next home
by Matt Carter Apr 13
Sagent keeps lining up deals after starting year with a bang
Pittsburgh-based Clearview Federal Credit Union partners with Sagent to bring its mortgage servicing business in-house. The company has announced several similar deals in months past
by Matt Carter Apr 6
Sagent signs 7-year deal to power loan servicing for Servion Mortgage
'Bank-on-your-phone experience' lets consumers manage entire homeownership lifecycle from any device
by Matt Carter Nov 16
6 years later and we still can't modify or refinance our mortgage
Predatory lending experience keeps getting worse
by Bernice Ross Dec 2
Tool gives distressed-asset managers insight into borrower behavior, risk
by Steve Bergsman Mar 2
State attorneys general continue with separate probe
by Inman Apr 14
Regulators eyeing national standards for loan servicers
by Inman Jan 19
Delinquent borrowers to get $108M in refunds from BofA
by Inman Jun 8
FTC proposes ban on advance fees for help with loan mods
by Inman Feb 4