On Friday, Moody’s downgraded the issuer rating of New Residential Investment Corporation...

The American homebuyer’s “typical mortgage payment” is up 12 percent over last year, and the trend is expected to continue in the year ahead, according to a new report from CoreLogic.

It’s been a few months since hurricanes Irma and Harvey pounded coastal areas of the U.S. mainland, but the storms are continuing to wreak havoc on many affected homeowners. The latest data from Black Knight, in Jacksonville, finds that 90-day delinquencies have jumped due to the hurricanes’ impact.

Among residential servicers, Ditech ranked 11th at yearend, according to figures compiled by Inside Mortgage Finance.

New agency guidance makes clear that issuers are expected to make an ongoing investment in servicing capability…

CFPB Senior Advisor John Czwartacki said: “The bureau’s statutory mandate includes the supervision and enforcement of fair lending laws and regulations … the bureau will continue to perform those functions.”

Among servicers, Ditech ranked 11th at Dec. 31, according to figures compiled by Inside Mortgage Finance.

Investors Unite is not happy...

The $3.42 trillion of servicing held by nonbanks was up 20.7 percent from December 2016…

One executive familiar with SoFi’s residential business said the company is operating on razor thin profit margins…