Google prepares to launch mortgage comparison tool

Google prepares to launch mortgage comparison tool

“Compare” service for mortgages already in use in the U.K.

Definitely the best Beige Book coverage on housing and mortgage finance

Thank you, Vince Vaughn

Goldman Sachs just nailed millennial homebuying

Publishes animated graph day before housing conference
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Items Tagged with 'mortgage servicing'

ARTICLES

Here’s how much mortgage servicing Altisource Residential is offloading

SEC filing reveals contract details with BSI Financial and Fay Servicing
Ben Lane
Last month, HousingWire reported that Altisource Residential agreed to separate mortgage servicing contracts with two vendors, Fay Servicing and BSI Financial Services. What wasn’t known at the time was just how much servicing Altisource would be transferring, but a recent filing with the Securities and Exchange Commission reveals the size of the contracts.
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Mortgage compliance needs a ginormous injection of common sense

And more experienced people in charge
Lynn Effinger
There needs to be a healthy dose of mortgage servicing-centric common sense injected into the regulatory compliance patient. Unfortunately, common sense is in short supply these days, particularly within the bloated bureaucracies in, and associated with, all things governmental.
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Sterne Agee lowers and suspends estimates on Ocwen’s debt refi

Analysts unsure what new Ocwen will look like going forward
Trey Garrison
Ocwen isn't going away but it is undergoing a transformation. Here's what analysts think now and why they don't know what to think going forward.
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FBR downgrades Nationstar, Walter Investment

Move comes after both posted losses last week
Trey Garrison
Nonbanks have been in the barrel in the last week, and now it's Walter Investment and Nationstar's turn. Here's what's happening.
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Stonegate just grew warehouse lending by 888%

No, that’s not a typo
Ben Lane
Stonegate Mortgage Corporation reported an incredible 888% year-over-year increase in its warehouse lending in the fourth quarter, rising from $47.8 million in 2013 to $472.4 million in 2014. But it still wasn't enough to help Stonegate turn a profit in 2014.
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Walter Investment posts $1.5B revenue for FY2014

Decline in net servicing revenues ends with $44M net loss in 4Q14
Trey Garrison
Walter Investment ended the year with a positive revenues and profits, but fourth quarter weakness and a fourth quarter net loss on income dragged the year's performance down. Here's what happened.
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Is self-servicing the future of mortgage servicing?

Thoughts on the future from MBA Servicing 2015
Ben Lane
Whether in the meeting rooms, in the hallways, or down on the expo floor of the Gaylord Texan, one of the main discussion topics at this year’s MBA Servicing conference has been the future of the mortgage servicing business. One trend that attendees are sure will continue is the migration of the mortgage process onto the web and servicers need to be prepared.
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MBA: Mortgage delinquencies continue decline in 4Q14

Rate hits lowest level since late 2007
Trey Garrison
The mortgage delinquency rate has fallen to the lowest it's been in almost eight years. Here's what's happening, and where it will likely go.
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MBA Servicing: Why would anyone bother to do this anymore?

Regulations are choking the life out of this business
Trey Garrison
What's the word on everyone's mind at MBA Servicing 2015? Regulations. Why does it matter? Because the cure has become worse than the illness.
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MBA Servicing: Be proactive and work with state AGs on complaints

The net of state and federal regulations can be a spider’s web
Trey Garrison
The regulatory environment for servicers is like a maze created and enforced by multiple parties. Navigating it requires firms be active in getting ahead of the problem.
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