National Mortgage News (Servicing) RSS

• How top mortgage execs are contending with 2026's challenges

  Inflation and a possible Fed move impacting rates are concerns that product innovation and housing policy can help with, leaders said at an industry meeting.

• Two Harbors postpones CrossCountry acquisition vote

  The delay preserves a lifeline for competing bidder United Wholesale Mortgage, which previously reached an agreement to acquire the servicer last year.

• Ginnie Mae foresees a day when FHA waterfall impacts end

  Department of Housing and Urban Development officials indicated that there are improvements in some delinquency stages and cure rates are better than expected.

• S&P says VantageScore 4.0 could work for MBS ratings

  Standard & Poor's found modeled foreclosure frequency and loss coverage to be in similar ranges as classic FICO but showed concern about potential bias.

• CrossCountry ups TWO offer in bidding war with UWM

  The retail giant added a pro-rated dividend for TWO stockholders that would deliver a cash value potentially greater than UWM's latest offer.

• Foreclosure filings up 18% from a year ago

  Foreclosure filings were reported on 42,430 properties in the United States last month, down 8% from the month prior but up 18% from a year ago.

• FHA spike drives delinquency spread to widest point in years

  Post-pandemic rule changes also have driven the Department of Veterans Affairs' number higher too but not as much as the Federal Housing Administration's.

• Rocket sues UWM for $100 million in Mr. Cooper MSR fight

  Rocket Mortgage pointed to United Wholesale Mortgage's refinance promotions and comments by Mat Ishbia to induce brokers to breach non-solicitation agreements.

• Household debt at a high, risks lurk beneath stable arrears

  Serious delinquency transitions in older mortgages inched up, hinting at the impact of an FHA rule change's impact in conjunction with other stressors.