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Servicing and Default News
Feb
16
2017
“My goal is to have one set of rules for default servicing,” he said. “Everyone’s servicing costs would go way down....
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Feb
14
2017
The Senate confirmed Mnuchin, known as the “foreclosure king” during his days running OneWest Bank, by a mostly party-...
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Feb
13
2017
“Since home prices bottomed out nationwide in the first quarter of 2012, the number of seriously underwater U.S....
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Feb
01
2017
The private mortgage guarantors proposed by MBA would be organized like utilities with a regulated rate of return. They...
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Feb
01
2017
Mnuchin's answer was straightforward, too. "OneWest Bank did not robo-sign documents," he replied in a letter to the...
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Feb
01
2017
Citigroup's decision to exit mortgage servicing is part of a broader industry trend of non-bank servicers growing...
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Jan
30
2017
In addition, Citi has entered into a subservicing agreement with Cenlar FSB for the remaining Citi-owned loans and...
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Jan
30
2017
"This announcement further demonstrates Nationstar’s role as a leading subservicing provider to the residential...
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Jan
27
2017
While many factors contribute to the problem, housing advocates point to a lack of leadership from state government as...
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