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Home » Authors » Lisa Burden

Articles by Lisa Burden

Is it Time to Get Rid of Mortgage Branch Licenses?

August 26, 2021
Lisa Burden
As the pandemic meanders on, state regulators are following the lead of employers and adopting agile workplace policies, including changing branch licensing requirements.
Read More

HMDA Data Shows Boom in Refinances, Difficulties for Minority Borrowers

August 20, 2021
Lisa Burden
Even in the midst of increased volume, minority borrowers were more likely to be denied.
Read More

Short Takes: Delinquency Rate Continues Downward Trend / Forbearances Up Slightly / Interest Rates Remain Flat / Blend Labs Posts Profit for 2Q21

August 20, 2021
Lisa Burden
Delinquencies have improved in 12 of the last 14 months, but there are one million more borrowers 90+ days late than at the beginning of the pandemic.
Read More

Ocwen, PHH Sued Over Zombie Properties in New York State

August 20, 2021
Lisa Burden
Three New York mayors have filed lawsuits against Ocwen/PHH in an attempt to send a message to servicers to take care of “zombie properties.”
Read More

ESG Factors Gaining Importance in Securitization Ratings

August 19, 2021
Lisa Burden
While ESG factors have mattered since the 1990s, KBRA analyst Eric Thompson said questions such as whether an asset will be impacted by rising sea levels are gaining more prominence.
Read More

Golden State Mortgage Servicers Provide Best Practices for Avoiding Gripes

August 19, 2021
Lisa Burden
The regulator for the California mortgage industry has released an annual report that includes best practices by originators and lenders who have a low level of consumer complaints.
Read More

Mr. Cooper Wants Courts to Toss Unauthorized Withdrawal Lawsuits

August 19, 2021
Lisa Burden
Mr. Cooper is facing legal challenges to this spring's series of unauthorized withdrawals that it says was caused by a systems test made by its electronic payments vendor.
Read More

CFPB Looking for Ways to Reduce Post-Pandemic Affordable Housing Challenges

August 19, 2021
Lisa Burden
The bureau wants to provide help to renters, homeowners and landlords facing post-pandemic affordable housing challenges.
Read More

Mr. Cooper Seeks Dismissal of Excess Withdrawal Lawsuit

August 19, 2021
Lisa Burden
The nation’s fourth-largest mortgage servicer is being hit on the legal front over a “processing issue” that caused unauthorized withdrawals of monthly mortgage payments.
Read More

Judge Approves Third Payout in HAMP Case Against Wells

August 19, 2021
Lisa Burden
The latest $22 million settlement brings to an end a lawsuit accusing Wells Fargo of wrongfully denying loan modifications to borrowers who eventually lost their homes to foreclosure.
Read More
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