Content Category: Mortgage Servicing
RealtyTrac: Still Plenty Of Zombies Around
on Thursday October 30 2014 by MortgageOrb.com print the content item
Considering that the plague of the Great Recession is mostly over, a surprisingly high number of "zombie" foreclosures remain out there - you know, the [read more]
CoreLogic: Foreclosures Up 4.7% In September As Rate Of Recovery Recedes
on Wednesday October 29 2014 by MortgageOrb.com print the content item
About 46,000 foreclosures were completed nationwide in September, an increase of 4.7% compared to the approximately 44,000 reported in August, but a decrease of 32.6% [read more]
Wingspan Founder And CEO Transitions To New Role
on Friday October 24 2014 by MortgageOrb.com print the content item
Steve Horne has apparently stepped down from his role as CEO and president of Wingspan Portfolio Advisors, the special servicer that he founded in 2008. [read more]
Black Knight: Delinquencies Fell But Foreclosure Starts Rose In September
on Friday October 24 2014 by MortgageOrb.com print the content item
The total U.S. mortgage delinquency rate (loans that are 30-plus days past due but not in foreclosure) fell 3.90% in September, compared to August, according [read more]
Moody's Downgrades Ocwen After Lawsky Alleges Letters Were Backdated
on Thursday October 23 2014 by MortgageOrb.com print the content item
In light of accusations brought by the New York Department of Financial Services (DFS) that Ocwen Loan Servicing backdated an unknown number of letters to [read more]
NTC Wants Standardized Approach For Validating Data In Servicing Systems
on Friday October 17 2014 by MortgageOrb.com print the content item
Up to 490,000 homeowners may be affected by inaccurate servicing records, a study from Nationwide Title Clearing (NTC) reveals. Helping to drive the high error [read more]
RealtyTrac: Foreclosure Rate Inched Up 0.42% In Q3
on Thursday October 16 2014 by MortgageOrb.com print the content item
About 317,171 properties were in some stage of foreclosure during the third quarter, up 0.42% compared to the second quarter but down 16% compared to [read more]
HOPE NOW: Loan Modifications Increased 12% In August
on Thursday October 16 2014 by MortgageOrb.com print the content item
About 40,000 homeowners received permanent, affordable loan modifications from mortgage servicers during August, an increase of about 12% compared to the 35,000 modifications processed in [read more]
Radian Saw Delinquencies Drop In September
on Thursday October 16 2014 by MortgageOrb.com print the content item
Mortgage delinquencies continued to fall in September, according to data recently released from Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group Inc. The [read more]
Seneca Mortgage Servicing To Add 125 Jobs At Elma, N.Y., Call Center
on Thursday October 09 2014 by MortgageOrb.com print the content item
Just when one mortgage servicer announces some layoffs, another announces it is hiring. So it goes in the cyclical world of mortgage servicing, where the [read more]
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