Susan Wachter, a real estate and finance professor at the Wharton School of the University of Pennsylvania, said it must be the industry’s new mantra.

U.S. Bank's servicing-for-others portfolio fell to $232.3 billion at the end of September from $251.6 billion at the end of June.

ACI Payments erroneously charged payments on the accounts of 480,000 mortgage holders serviced by Mr. Cooper.

Banking regulators plan to release a final rule Oct. 24 with revisions to standards under the Community Reinvestment Act.

The third quarter of 2023 ranked as the busiest market for MSR sales since the second quarter of last year, when $327.82 billion of MSR transfers closed.

FHFA will direct the enterprises to treat loans with COVID-19 forbearance like those impacted by a natural disaster. Fannie and Freddie will also do a better job explaining buyback requirements.

FHA Commissioner Julia Gordon cautioned attendees at the annual conference of the Mortgage Bankers Association not to expect a further cut to the mortgage insurance premium rate anytime soon.

FHFA's symposium will focus on solutions for rising property insurance premiums.

Chase and Wells Fargo reported a slight dip in overall mortgage originations in the third quarter of this year.

Growth at Lakeview and Chase Home Finance finally toppled Wells Fargo as the largest agency servicer.