The near-term performance of mortgages backed by government-sponsored enterprises wavered little although those outstanding longer experienced some slight stress, bearing up while the Federal Housing Administration insured market experienced more. Processing Content The share of homeowners late by 60 or more days decreased to 0.81% at the end of the first quarter, according to a […]

Newrez has agreed to settle a pay-to-pay case with a consumer who was moving to certify a proposed class of at least thousands of aggrieved individuals.  Processing Content Borrower Eugenio Alvarez sued the company in 2024, accusing its servicing subsidiary Specialized Loan Servicing of up-charging borrowers with $7.50 fees to process mortgage payments via telephone.