Recent mergers and acquisitions (M&A), regulatory changes and shifting market conditions have mortgage industry experts questioning whether servicers are better positioned than other competitors to capture the next wave of refinances. Data from ICE Mortgage Technology shared with HousingWire offers a deep dive into servicers’ performance at keeping a borrower in their books after a […]

Over two years after the agreement was first announced, the settlement between MLS Property Information Network and the Nosalek commission lawsuit plaintiffs has received final approval. Judge Patti B. Saris, who has overseen the entire approval process for the settlement, granted final approval to the settlement after a hearing on Monday.  Judge Saris of U.S.

U.S. banks earned an estimated $1 trillion in excess interest revenue during the Federal Reserve’s two-and-a-half-year period of elevated interest rates, an analysis of official data by the Financial Times shows. Lenders reportedly benefited from higher yields on deposits held at the Fed while paying relatively low rates to many savers — boosting profit margins