The banks completed 22,459 proprietary mods in the third quarter, down 25.4 percent compared with the previous quarter...

The new offering is in the $1 billion range. MorVest hopes to complete the sale by the end of January.

Clayton said the outlets’ analysis didn’t include factors such as a borrower’s credit score, downpayment, loan size, collateral and land type...

In a recent report, Freddie Mac economists said subservicing likely will “persist and perhaps grow.”

New data fields will be added to support Fannie’s and Freddie’s requirements, as well as those required by the FHA, VA, USDA and CFPB...

Banks had an average of nearly 500 loans per full-time employee in the third quarter, up from almost 400 at the end of 2014.

The final rule from the FHFA also simplifies the standard for issuing suspension orders...

Sean Becketti, Freddie’s chief economist, said, “It's too soon to tell whether marketplace lending is the next Uber or just another flash in the pan…”

Industry analysts didn’t have TRID to blame for the decline in home sales last year. Instead, NAR's Lawrence Yun said the decline was part of a seasonal trend.

None of the executives interviewed by Inside Mortgage Trends could put hard numbers on how many executives have been sticking around the industry past 70 years of age, but none had a doubt that there were still plenty to be counted.