Mortgage Servicing
Latest Posts
Loss Mitigation Lacking for Seriously Delinquent Borrowers: State Bank Supervisors
Feb 07, 2008Seven out of ten seriously delinquent borrowers are not tracking towards a loss mitigation solution, according to a report released today by the Conference of State Bank Supervisors, who said that a rising number of loan delinquencies are outpacing gains in loss mitigation efforts. The State Foreclosure Prevention Working Group, a task force organized last summer by Iowa AG Tom Miller, said that while servicers have increased staffing and pushed creative outreach efforts, a large gap remains between homeowners most in need of loss mitigation and the number currently receiving assistance.
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Countrywide Sanctioned in Idaho Over BK Procedures
Feb 04, 2008 -
Fed’s Krozner: Servicers Need to Step Up to the Plate
Feb 04, 2008 -
Some Things Never Change: Borrowers Still Largely Unaware of Workout Options
Jan 31, 2008 -
Alleged ‘Fee-Splitting’ at Fidelity Leads to Class-Action
Jan 28, 2008 -
SunTrust Sees Q4 Profit Wiped Out; NPAs Outstripping Loss Reserves
Jan 23, 2008 -
Fifth Third Q4 Earnings Hurt by Charges; Residential Mortgage Charge-Offs Double
Jan 22, 2008 -
Mortgage Woes Drive $248.6 Million Q4 Loss at First Horizon
Jan 18, 2008 -
HOPE NOW: Number of Borrowers Helped Rising Rapidly
Jan 18, 2008 -
MBA: 235,000 Loan Workouts Initiated During Third Quarter
Jan 17, 2008 -
JPMorgan Writes Down $1.3 Billion
Jan 16, 2008
