One of the challenges with borrowers getting forbearance in this category is a lack of clarity regarding which entity holds legal authority to decide terms of loss mitigation.

A study based on call transcripts between borrowers and a servicer found that many customers who received relief didn’t actively seek it.

It took 15 months for the acquisition-minded Freedom Mortgage to close on RoundPoint. What snarled the deal? Low interest rates, for starters.

Mortgage delinquencies shot up during the second quarter, though there were variations among servicers and loan types. (Includes data chart.)

With regulations constantly changing and a new relief package in the offing, lenders are increasingly falling back on workflow automation vendors.

Rocket Companies went public a week ago amid the lowest mortgage rates in U.S. history. How’s the stock doing? Funny, you should ask.

The mortgage industry can expect more enforcement actions from the Consumer Financial Protection Bureau for the rest of the year, particularly related to fair lending issues, according to stakeholders.

If foreclosures mushroom, mortgage vendor Altisource could be sitting in the catbird’s seat. Standing in its way: forbearance plans.

The forbearance picture continues to brighten but if economic activity flattens, all bets are off for the fall.

The much-anticipated IPO of origination market leader Rocket Companies commenced Thursday morning but at a reduced offering price. Surprising? Not really, but some analysts are worried about lending volumes for 2021 and beyond.