Mortgage Delinquencies Continue Historic Low Trend in September
CoreLogic’s monthly Loan Performance Insights Report for September 2022 shows that 2.8% of all mortgages in the U.S. (approximately 1.4 million loans) were in...
Prepayment Activity Reaches Low Point, Delinquencies Up 4.5 Percent
Black Knight Inc. says the total U.S. loan delinquency rate was 2.91% at month-end October, with a month-over-month change of 4.45% and year-over-year change...
Colonial Incorporates Black Knight Technology into Servicing Ecosystem
Colonial Savings F.A., a national, multi-service financial institution headquartered in Texas, has signed a contract to use Black Knight Inc.’s ecosystem of servicing capabilities,...
Mortgage Delinquency Rate Dropped to Lowest Level in Decades in Q3
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 3.45% of all loans outstanding at the...
Foreclosures Rose Over 50 Percent from 2021 to 2022, ATTOM Reports
ATTOM has released its October 2022 U.S. Foreclosure Market Report, which shows there were a total of 32,376 U.S. properties with foreclosure filings: up...
Shankar Leading Single-Family Portfolio for Freddie Mac
Ravi Shankar has joined Freddie Mac as senior vice president and head of single-family portfolio and servicing. He brings over three decades of experience...
Black Knight: Mortgage Performance Continued to Basically Hold Steady in September
The number of past-due mortgages continued to hold relatively steady across the board in September.
The U.S. mortgage delinquency rate dropped to 2.78% of all...
CoreLogic: Serious Mortgage Delinquency Rate Returns to Pre-Pandemic Low
CoreLogic’s monthly Loan Performance Insights Report for August 2022 shows that 2.8% of all mortgages in the U.S. were in some stage of delinquency...
Black Knight Servicing Digital Solution Integrates ServisBOT Automation Solution
The chatbot automation solution from ServisBOT, a provider of customer and employee service automation, is being integrated with the Conversational AI platform, a part...
Keaton to Lead Default Subservicing Opportunities for PHH Mortgage
PHH Mortgage Corp., a subsidiary of Ocwen Financial Corp. and a non-bank mortgage servicer and originator, has named Michael Keaton senior vice president of...
Commercial Mortgage Delinquency Rates Dropped in Q3 2022
Delinquency rates for mortgages backed by commercial and multifamily properties declined through the third quarter of 2022, according to the Mortgage Bankers Association's (MBA)...
Black Knight Combines Mortgage Servicing Solutions for Customers
Black Knight Inc. has integrated its Servicing Digital with Surefire marketing automation solutions, enabling servicers using Servicing Digital to make valuable content available to...
Fannie Mae Names Winners of Twentieth Non-Performing Loan Sale
The results of Fannie Mae’s twentieth non-performing loan sale transaction included the sale of approximately 5,650 loans totaling $936.9 million in unpaid principal balance...
Clarifire, IndiSoft Team to Integrate HUD Counselors into Loss Mitigation Workflows
Clarifire and Indisoft have partnered to inject HUD-approved housing counselors (HCAs) into loss mitigation workflows via an integration with IndiSoft’s National Housing Advocacy Platform...
Mortgage Delinquencies Decline for 16 Consecutive Months
CoreLogic’s Loan Performance Insights Report for July 2022 shows that 3% of all mortgages in the U.S. were in some stage of delinquency (30...
Black Knight: Foreclosures Starts Rise, Mortgage Delinquencies Decrease
Black Knight Inc. says the national delinquency rate fell to 2.79% in August, just 4 basis points above May 2022’s record low. Improvement was...
FHFA Report Shows a Substantial Decrease in Mortgage Refinancing in Q2
The Federal Housing Finance Agency (FHFA) has released its second quarter 2022 Foreclosure Prevention and Refinance Report, showing that Fannie Mae and Freddie Mac...
Michael Harris to Head Mortgage Servicing Business Practice at BlackFin Group
Mortgage servicing industry veteran Michael Harris has joined BlackFin Group, a management consulting firm serving the banking and mortgage industries, as managing director, partner...
Select Portfolio Servicing Integrates Rushmore Contracts, Personnel
Select Portfolio Servicing Inc. (SPS) has entered into a definitive asset purchase agreement with Rushmore Loan Management Services LLC to acquire certain Rushmore assets,...
CoreLogic: Mortgage Delinquencies Edged Up in June But Loan Performance Remains Strong
Mortgage delinquencies and foreclosures inched up slightly in June compared with May but continued to remain at two-decade lows, according to CoreLogic’s monthly Loan...