What is a loan modification? A mortgage loan modification is a relief option designed for borrowers experiencing long-term financial hardships that make it impossible for them to keep up with payments ...
The Fed plans to revise MSR and mortgage capital rules, possibly favoring low-LTV loans and altering bank participation.
A loan modification is a long-term mortgage relief option for borrowers experiencing financial hardship, such as loss of income due to illness. A modification typically changes the loan’s rate, term ...
One proposal would eliminate the need to deduct mortgage servicing assets from regulatory capital while retaining a 250% risk weight.
While several global technology companies across various industries have pursued ISO 42001 certification since its 2023 publication, Outamation stands alone as the first U.S. mortgage technology ...
Brookfield originally refinanced One New York Plaza in 2020. The loan was originated by Wells Fargo, Goldman Sachs and BMO ...
The RBI has proposed raising the aggregate ceiling on unsecured advances by Urban Co-operative Banks to 20% of total loans and advances. The draft also revises definitions, individual limits, and ...
The worst thing you can do after missing a payment is go silent. “Borrowers who call early almost always have more options,” ...
Products, Services, and Software for Brokers and Lenders “Escrow is supposed to be predictable. But in default servicing, ...