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Mr. Cooper is on the hunt to buy more mortgage servicing portfolios

National Mortgage
Mortgage Finance
5 years ago

As origination margins continue to compress, some lenders are looking to sell bulk mortgage servicing rights portfolios to make up,.. Read More;

post

Zombie homes declined in 4Q, but are expected to soon rise

National Mortgage
Mortgage Finance
5 years ago

The number of vacant “zombie” homes headed toward foreclosure inched down by a little over 1% on a consecutive-quarter basis,.. Read More;

post

Why some bankers are rushing to settle redlining probes

National Mortgage
Mortgage Finance
5 years ago

A group of veteran bankers and private equity investors in Texas spotted an opportunity as the economy reeled a decade,.. Read More;

post

Redwood earnings drop but beat estimates as it closes novel RMBS deals

National Mortgage
Mortgage Finance
5 years ago

The real estate investment trust earned $88 million or $0.65 per diluted common share in the third quarter, down from,.. Read More;

post

Fewer homes sold above asking price in September, says Propertymark

Mortgage Finance Gazette
Mortgage Finance
5 years ago

However, homebuyer activity “is still strong” with the number of sales agreed per branch rising to 11 in September from,.. Read More;

post

Lloyds posts

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The banking group, which includes Lloyds and Halifax, published its third quarter report today, which showed profit before tax of,.. Read More;

post

Glenhawk hires trio as pushes towards

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The bridging lender has appointed Jeremy Russ as head of compliance, Roxana Tsirikhova as head of financial planning and analysis,.. Read More;

post

eConveyancer hires Ward as national BDM

Mortgage Finance Gazette
Mortgage Finance
5 years ago

Ward joins from Bank of Ireland, where she was business development manager and corporate account manager. The veteran has nearly 15,.. Read More;

post

New CFPB chief vows tough oversight of big tech, large banks

National Mortgage
Mortgage Finance
5 years ago

Rohit Chopra sought common ground with House lawmakers in his first congressional hearing as Consumer Financial Protection Bureau director, and,.. Read More;

post

New York Community says Flagstar deal wont close until 2022

National Mortgage
Mortgage Finance
5 years ago

New York Community Bancorp no longer expects to complete its pending bank acquisition this year.The Long Island-based company doesn't anticipate,.. Read More;

post

Subservicers OCC settlement could shift business, affect capacity

National Mortgage
Mortgage Finance
5 years ago

The recent placement of regulatory constraints on one subservicer could redistribute some of its business, and that’s a mixed blessing,.. Read More;

post

Mortgage fraud risk spikes amid rise in purchase loan share

National Mortgage
Mortgage Finance
5 years ago

Transaction fraud risk that is specific to purchase mortgage applications increased 34.2% year-over-year in the second quarter, a result of,.. Read More;

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