Tag Archives: Servicing

Walter Investment Managaement Corp., on Tuesday continued a trend observed among many non-bank servicers in the last year and the start of this year with a major loss to its first quarter earnings, particularly in its mortgage servicing and origination segments.

For the seventh consecutive year, leaders from both government and mortgage servicing converged in Washington, D.C. for the 2016 Five Star Government Forum to work together to shape housing policy in America.

Leaders from both servicing and government will join together Thursday, March 31, at the 7th Annual Five Star Government Forum at the Newseum in Washington, D.C. to explore the effect that rules of regulation that originates in Washington, D.C. are having on the mortgage servicing industry and homeowners.

Driven by an uptick in servicing profitability and growth in originations, Nationstar Mortgage Holdings Inc., reported that its fourth quarter 2015 earnings reached $34 million, or 32 cents ...

PennyMac Financial Services, Inc., recently reported higher fourth quarter profits, led by their loan servicing department.

The Office of the Comptroller of the Currency removed restrictions from two more banks, but the banks will also be paying a hefty penalty.

The Department of Justice announced Friday that HSBC Bank reached a settlement with several federal agencies and almost every state attorney general regarding "mortgage origination, servicing, and foreclosure abuses."

Displaying 1-6 PM.JPGPeter Muriungi has been chosen as JPMorgan Chase’s new head of Mortgage Servicing to replace Mike Weinbach, who was named CEO of Chase’s Mortgage Banking division in December, the bank confirmed on Wednesday.

Aspen Grove Solutions (AGS), a provider of property centric technology solutions to the financial and mortgage services industry, has announced that the company is adding Brookstone Management, LLC ...

Employees at the office work with U.S. residents who were behind on their home loan payments. In an emailed statement, Wells Fargo & Co. said Wednesday that as the economy has improved over the last two years, fewer customers have become delinquent on their payments, and fewer customers have needed assistance to stay in their homes. The company says it will continue to offer assistance to borrowers facing financial hardship.