Eave, a direct-mortgage lender, launched recently with a focus on jumbo mortgages, technology and low fees. The originator, only operating in Colorado at the moment, claims to be able to close loans about twice as fast as “brand name” lenders. “We took the entire mortgage universe apart and put it back together, better,” the firm said, touting its underwriting process. The lender claims that more than 60 percent of the information collected by other lenders from ...

Faris is a 27-year veteran of Ocwen, a publicly traded nonbank launched several decades ago by former GE Capital executive Bill Erbey.

Nonbank servicing of agency MBS has nearly doubled since March 2014…

Marano is no stranger to troubled financial service companies. Until 2008, he was a top executive at Bear Stearns...

There are some in the industry who believe the entire subservicing sector is far behind in technology and customer service – and is ripe for a technology disruption of a major kind.

In 1Q18, MGIC wrote $10.6 billion of new MI policies compared to $12.8 billion in 4Q17 and $9.3 billion in the first quarter of last year.

Acting CFPB Director Mick Mulvaney is considering removing the CFPB complaint database from public view…

MISMO noted that blockchain is based on digitized, distributed ledgers…

An ominous sign: 80 percent of mortgage companies surveyed earned a pre-tax financial profit for the year, compared to 94 percent tin 2016.

Ditech added that under new leadership, the lender/servicer “continues to develop and execute various strategies to improve” its performance.