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Home » Topics » Inside Mortgage Finance » Vendor News

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Mortgage Grapevine: A Big (Coming) Contract Loss for Cenlar; GSE Reform? Huh?

March 18, 2021
Plush with record earnings, loanDepot is building an inhouse servicing system, which means its current vendor, eventually, will lose business. Meanwhile, is GSE reform a possibility once again?
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Subservicers Continue to Reap New Contracts. Outlook Bright?

March 11, 2021
Paul Muolo
When in doubt, keep MSRs if you can. That seems to be the driving force behind continued growth in the subservicing arena. (Includes data chart.)
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A ‘Disruptor’ in the Mortgage Servicing Arena?

February 4, 2021
Paul Muolo and Brandon Ivey
Is the business of servicing residential loans in need of a mortgage technology shake-up? Should Black Knight and Fiserv be worried? Meet Valon.
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Google Launches Digital Mortgage Solution

October 29, 2020
Yemeng Yang
Google is partnering with mortgage tech vendor Roostify as it launches Lending DocAI, a digital front-end product. Mortgage tech watchers wonder just how big the search engine giant might become in mortgages.
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More Investors Call for Liquidation of Front Yard

October 15, 2020
Yemeng Yang
Two major investors in Front Yard Residential have called for liquidation of the real estate investment trust due to its less than satisfactory performance during a robust housing market.
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CoreLogic Spurns Hostile Takeover Bid, Yet Again

September 17, 2020
Yemeng Yang
The mortgage data provider said the sweetened offer of $66 a share is still significantly low. The vendor also refused a request for due diligence from the investor group.
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Mortgage Vendors Face the M&A Gauntlet. The Ax: Bill Foley

August 27, 2020
Paul Muolo
Is Bill Foley, the 75-year-old non-executive chairman of title insurance giant Fidelity National, pondering retirement? Don't bet on it. He's shaking the mortgage vendor M&A tree big time.
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Non-Agency Forbearance: What if You’re the Subservicer?

August 27, 2020
Maria Volkova
One of the challenges with borrowers getting forbearance in this category is a lack of clarity regarding which entity holds legal authority to decide terms of loss mitigation.
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NYDFS Charges First American over Data Breach

July 30, 2020
Brandon Ivey
In its first cybersecurity-related enforcement action, the New York regulator charged First American Financial with inadvertently disclosing more than 850 million personal title insurance documents.
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CoreLogic Rejects Due Diligence Request from Investors

July 23, 2020
Yemeng Yang
The analytics vendor declined to open its books to two major investors, who in late June made an unsolicited $7 billion takeover bid for the company.
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