New applications are at an all-time high at Skyline Home Loans in California…

As federal programs to help underwater borrowers are phased out, government agencies want the mortgage industry to pick up where it left off to help troubled homeowners avoid foreclosure. They suggested that future programs be accessible, affordable, sustainable, transparent and have sufficient accountability. The Federal Housing Finance Agency, Department of Treasury, and the Department of Housing and Urban Development released a report this week that discussed what future loss mitigation programs should look like and lessons learned. The Home Affordable Modification Program and related federal initiatives will sunset at the end of 2016. “With the formal end of the crisis-era programs, the mortgage servicing industry will shoulder...

JGWHL’s parent company was recently delisted by the New York Stock Exchange…

Smaller depositories held 8.0 percent of the banking industry’s total mortgage servicing assets in 2015, up from a share of less than 2.0 percent as recently as 2009.

Applications and refis are so robust that production "capacity" is now a major concern...

Flagstar capitalized its residential servicing portfolio at 99 basis points at June 30, compared to 106 bps at March 31.

Sen. Grassley pointed out that production decreased after Wertheimer’s tenure began in September 2014 with just three audit reports produced in 2015.

The IG accused the FHFA of shirking its responsibility to effectively examine Fannie Mae and Freddie Mac...

The bigger issue was a sharp drop in net servicing income…

Since the CFPB was born, the cost to originate a home mortgage has exploded...