More than 98% of Mr. Cooper's nearly 10,000 employees were working from home as of the end of 2020.

Home Point, which went public earlier this year, has been the subject of recent downgrades...

Bulk MSR auctions have been slow of late, with some participants reporting an increase in privately negotiated transactions.

Donatacci joined the non-QM and conventional lender roughly two years ago.

There are plenty of servicing buyers, but sellers are scarce right now...

In a statement, bank CEO Charlie Scharf said, “Building an appropriate risk and control infrastructure has been and remains Wells Fargo’s top priority. The OCC’s actions today point to work we must continue to do to address significant, longstanding deficiencies.”

What happened? Servicing advisors sharpened their pencils, studied the proposal and concluded it won’t be so bad after all.

With the CDC no longer able to offer eviction protection to those delinquent renters, speculation now turns to whether the federal agencies in charge of housing policy, including the Federal Housing Finance Agency, will institute a moratorium of their own.

However, year-to-date mortgage banking income was up 46.0% from the first six months of 2020.

At Caliber, Thorn served as chief loan administration officer and was responsible for all production and servicing tied to the nonbank’s four channels. During her career, she also has worked for megabanks Bank of America and JPMorgan Chase.