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The Industry Pulse: Servicer Reports Strong Q4

  Mr. Cooper Group Inc., which principally operates under the Mr. Cooper and Xome brands, reported a fourth quarter net income of $461 million...
Black Knight: Servicer retention rates are falling as refinances are rising

Black Knight: Servicer retention rates are falling as refinances are rising

While refinances have risen throughout the year, fewer and fewer borrowers are staying with their servicers after they refinance. A new report from...
Mortgage servicer Provident Funding debuts its own prime-jumbo shelf

Mortgage servicer Provident Funding debuts its own prime-jumbo shelf

Provident Funding, a large-scale servicer of agency-eligible mortgages, is sponsoring its first-ever transaction of its own prime-jumbo loan originations. Provident 2019-1 is the...
CFPB highlights bank/nonbank split in servicer size tiers

CFPB highlights bank/nonbank split in servicer size tiers

The nonbank share of large mortgage servicing is growing, but smaller players tend to be depositories, the Consumer Financial Protection Bureau found in...
An FDIC seal woven into carpet.

Loan servicer AmeriNat refiles for industrial bank charter

The loan servicer AmeriNational Community Services has refiled for an industrial banking charter with the state of Nevada and the Federal Deposit Insurance...

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