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Servicing and Default News
Oct
17
2017
Mortgage servicers may suspend or reduce mortgage payments for up to 90 days for affected homeowners. Additional...
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Oct
16
2017
Ocwen disclosed its plans in a filing with the Securities and Exchange Commission that was mostly focused on Ocwen...
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Oct
12
2017
Homeowners having trouble meeting their mortgage obligations nationwide was at 4.6 percent in July of 2017,  which...
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Oct
04
2017
Reporting servicers initiated 35,974 new foreclosures during the second quarter of 2017, a 24.3 percent decrease from...
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Oct
02
2017
On Thursday, the states of Illinois and Montana separately announced that each state reached a consent agreement with ...
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Sep
28
2017
The proposal is part of a broader effort by bank regulators to streamline their rules for smaller banks, amid...
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Sep
25
2017
The answer is simple: Equifax has no reason to care about consumers. Equifax’s customers are businesses, not consumers...
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Sep
18
2017
At least 500 properties on Staten Island, out of roughly 2,300 in all five boroughs and 20,000 across New York state,...
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Sep
14
2017
New estimates suggest as many as 300,000 borrowers could become delinquent on their loans and 160,000 could become...
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