#mortgage-servicing

#mortgage-servicing

Customer satisfaction in mortgage servicing declined significantly despite record highs in mortgage origination satisfaction.

Fay Servicing agreed to a settlement involving $3 million restitution and $2 million penalty for multiple violations of mortgage servicing laws.

Guild will exit public markets to become a private entity, partnering with Bayview for enhanced mortgage servicing capabilities.

FEMA's flood map updates impact compliance for servicers, which can now automate status updates to enhance efficiency and reduce costs.

Sagent's latest launch integrates law firms into its mortgage software, improving efficiency during foreclosure processes.

The Fed's decision to maintain interest rates reflects ongoing uncertainty in economic conditions and reinforces the importance of adaptability in servicing technology.

UBS has agreed to sell Credit Suisse's U.S. servicing business, aiming to decrease costs and mitigate risks.