National Mortgage News (Servicing) RSS
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Senate Democrats want FHFA chief Pulte to testify by January
Federal Housing Finance Agency Director Bill Pulte should be called to testify before lawmakers no later than the end of January, the Democratic members of the Senate Banking Committee wrote in a letter Friday to Republican Chairman Tim Scott.
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Vacancies fuel a rise in commercial loan delinquencies
Delinquency trends split in Q3, with securitized and agency loans showing more strain while banks and life companies saw small improvements amid uneven vacancy and rent conditions.
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Bank servicers lead new J.D. Power digital app rankings
Bank of America was the leader in this study, with Rocket as the only nonbank mortgage lender which got a score higher than the industry average.
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Pennymac must face 'pay-to-pay' suit, judge rules
A North Carolina homeowner says the large servicer's $6.75 fee for borrowers to make mortgage payments with a debit card violates a state debt collection law.
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National Flood Insurance launches faster quote portals
Flood Quotes and the Flood Insurance Portal allows users to compare quotes and purchase policies directly through the platforms.
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GSE credit reform: Rent data impact on pricing and LLPAs
What developments around rent reporting and new credit standards portend for mortgage companies. Part 2 of a series on government-sponsored enterprise changes.
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Swalwell claims Pulte abused power to target Trump critics
Swalwell alleges Pulte obtained and used the lawmaker's personal mortgage records in violation of US privacy laws and constitutional protections for political expression.
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October's prepay speeds at highest in over three years
The prepayment rate grew by 37% over September as mortgage rates fell leading to higher refinancing volume in October, ICE Mortgage Technology said.
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Mortgage field safety spotlighted after October murder
Uncooperative neighbors, vicious pets and threats of violence are some of the dangers mortgage field employees run into when on assignments.