A new requirement to extend language access for home borrowers within the CFPB's proposal to update Regulation X's mortgage servicing requirements will actually do the opposite, according to a joint comment letter submitted on the proposal.

Among a group of 20 prominent nonprime servicers, portfolios increased by 0.6% in the second quarter.

The Loan Store acquired Homepoint Financial’s wholesale lending operations last year.

MSR values are coming down as interest rates decline.

Banks are pulling back on mortgage servicing for others, according to a recent Inside Mortgage Trends report.

UI wants government regulators to adopt such ideas as allowing nonbanks to join the FHLB system.

The servicing sales market has slowed noticeably the past few months.

The company has been hit with $5 million in fines and redress, and must change its practices to be compliant with the CFPB's orders or face additional consequences.

Hurricane Beryl prompted an estimated 10,000 new delinquencies in the Houston area in July, according to ICE.

Chase remained the top servicer in the group, handling $326.90 billion of jumbos as of the end of June.