The Mortgage Bankers Association (MBA) reported the total number of loans now in forbearance decreased by 3 basis points to 0.23% as of Dec. 31. According to MBA’s estimate, 115,000 homeowners are in forbearance plans. In December 2023, the share of Fannie Mae and...
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit expressed unease over the Department of Veterans Affairs’ (VA) request that servicers pause foreclosure proceedings of VA-guaranteed loans. Earlier this month, the VA asked mortgage servicers for a...
PADS Financial, a Montreal-based Fintech startup, announced the launch of PADS, an online platform for first and second rank mortgage origination and servicing within Canada’s housing market. According to the company, the PADS online portal enables users to...
New York City-based Rithm Capital Corp. (NYSE: RITM), an asset manager focused on the real estate and financial services industries, has entered into a definitive agreement with Australia’s Computershare Ltd. (ASX: CPU) to acquire Computershare Mortgage Services Inc....
Haven Servicing Inc., a New York City-based mortgage servicing technology provider, has named Daniel Wallace as its new CEO. Wallace succeeds company co-founder Jonathan Chao, who will transition to the role of chief product officer. Wallace joins Haven from Figure...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
