Mortgage servicing

Mortgage servicing

The collection of monthly payments and penalties, record keeping, payment of insurance and taxes, and possible settlement of default , involved with a mortgage loan.
References in periodicals archive ?
M2 EQUITYBITES-July 19, 2019-FIN Title Acquires Titleology Abstract to Strengthen Mortgage Servicing Capabilities
has entered into a merger transaction in which North Carolina, US-based mortgage company RoundPoint Mortgage Servicing Corp.
Cooper Group Inc (NASDAQ:COOP) signed definitive agreements to acquire servicing rights underlying USD24bn in GSE mortgages and sign a sub-servicing contract for another USD24bn in mortgages and buy the Seterus mortgage servicing platform and assume some assets related thereto from IBM (NYSE:IBM).
CHARLOTTE, N.C: RoundPoint Mortgage Servicing Corporation replaced two of its existing debt facilities with a new, $650 million facility.
The addition of Franklin American Mortgage triples the size of Citizens' off-balance sheet mortgage servicing portfolio, from USD 21.6 billion to approximately USD 65.3 billion, with a total servicing portfolio of approximately USD 83.1 billion including Citizens' existing on-balance sheet mortgage portfolio.
The company completed the sale of its Financial Freedom reverse mortgage servicing business and the related reverse mortgage portfolio to an undisclosed buyer.
Kolodziej, Attorney with Bradley Arant Boult Cummings LLP will speak at The Knowledge Group's webcast on The CFPB's Mortgage Servicing Rules: Where Are We Now?
The CFPB recently released a special edition of its Supervisory Highlights focused on mortgage servicing. The bureau said one of its goals was to spur further improvements in servicing compliance.
The mortgage servicing industry may be small, but the pioneer in the management of mortgages in the Philippines sees the sector as the next BPO (business process outsourcing) opportunity.
1408, the Mortgage Servicing Asset Capital Requirements Act of 2015, and H.R.
Hearne counsels major lenders, banks and mortgage servicing companies involving RESPA, TILA, FDCPA, title claims and other real estate issues.
METLIFE, Insurance firm has inked an agreement to dispose of its nearly $70bn mortgage servicing portfolio to US based JPMorgan Chase Bank, for an undisclosed sum.