The nation’s subservicers increased their contracts to a record high $1.350 trillion at March 31 as tougher regulations continued to play a key role in the shifting of processing chores away from depositories to nonbanks. On a sequential basis, contracts increased by 7.1 percent in the first quarter and 14.4 percent compared to March 31, 2014, according to a new Inside Mortgage Finance ranking. Only four banks – Flagstar, Cenlar, Wells Fargo and Bank of America – were among the top 20 subservicers. Overall, at March 31, subservicers were...[Includes one data table]

HUD issued the language to remedy the problem of delayed filings: lenders holding back claims...

Dave Stevens, president of the Mortgage Bankers Association, said he doesn’t know which way the FHFA will decide on the topic...

CSS identified the trade group advisors by organization, but not by their individual names.

CMLA argues that “moving implementation to January [from October] will allow lenders and settlement service providers a more gradual implementation of the new disclosures in a lower pressure environment.”

The most recent regulatory foray has come from the Conference of State Bank Supervisors, which formed the Mortgage Servicing Rights Task Force to develop standards for nonbank servicers...

The GAO analyzed changes to HAMP implemented in October and beyond, including extending performance incentive payments to borrowers...

Since the housing crisis, the mass filing of claims has placed a huge strain on resources at the FHA.

In addition, 25 percent of all LGBT survey respondents said they plan to purchase real estate in the next three years.

Is the mortgage IPO market dead? Yes, says consultant Joe Garrett...