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Servicing and Default News
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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Sep
11
2017
“Mortgage servicing is an attractive, core business for Wells Fargo, and this transaction provides an opportunity for...
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Aug
28
2017
Federal Reserve Chair Janet Yellen on Friday emphatically defended the web of regulations the Fed helped enact after...
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Aug
16
2017
According to Shapiro’s office, Pennsylvania’s Consumer Financial Protection Unit will focus on lenders that take...
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Aug
16
2017
“Default rates for autos and first mortgage loans are at their lowest points in the last ten years, while bank card...
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Aug
10
2017
The ghosts of banking’s past seemed to surface with a vengeance when the term “robo-signing” — a foreclosure short-cut...
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Aug
09
2017
In May 2017, 4.5 percent of home mortgages were in some stage of delinquency, down from 5.3 percent a year earlier and...
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