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Mortgage Servicing

NEXA Lending targets recurring income model for loan originators

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NEXA Lending announced Friday that it’s developing a new initiative aimed at allowing loan originators to participate in recurring income tied to the long-term performance of the loans they originate. The initiative, described as a “servicing-aligned income model,” is expected to begin rolling out as early as July 2026, the company said. The program centers […]

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Banks eye mortgage growth if Basel III capital rules ease

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Top banks in the mortgage space, which have relied on a similar playbook for years, say they could become more active if upcoming changes to capital rules provide more flexibility, several industry executives told HousingWire. But any shift in strategy is expected to take time. Depositories typically focus on their existing customer base, ranging from

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Mortgage trade groups urge VA to revise elements of proposed partial claim rules

Community Home Lenders of America, HWmember, Loss Mitigation, Mortgage, Mortgage Bankers Association, Mortgage Servicing, Regulatory, Servicing, U.S. Department of Veterans Affairs, VA Loan, Veterans /

The Mortgage Bankers Association (MBA) urged the U.S. Department of Veterans Affairs (VA) to revise elements of its proposed partial claim and loss-mitigation policies for VA-backed mortgages, arguing that the draft rules could leave veteran borrowers at a disadvantage compared to others. In a comment letter submitted Wednesday and addressed to Patrick Zondervan, executive director

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Bank capital relief may not quickly shift mortgage market dynamics

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Regulatory changes to how banks treat mortgage assets — anticipated this week by Federal Reserve Vice Chair Michelle Bowman — may have an impact on the mortgage market over time, analysts said. “The near-term impact on the mortgage market is likely to be somewhat limited,” Keefe, Bruyette & Woods (KBW) analysts wrote in a report

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Mortgage escrow misconceptions persist as payment amounts rise

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Borrowers say they are confident in their understanding of mortgage escrow accounts, but misconceptions persist. And rising property taxes and homeowners insurance premiums continue to drive payment increases that many homeowners do not expect. These are the conclusions of a new survey from LERETA, a provider of technologically advanced tax and flood services for the

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Smart servicing: Why purpose-built software pays off

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The mortgage market is showing signs of recovery. After years of navigating elevated interest rates that began climbing in late 2021, lenders are seeing a path forward. The Mortgage Bankers Association’s (MBA) January 2026 Mortgage Finance Forecast projects that single-family mortgage origination volume will increase in 2026 to $2.2 trillion in 2026, up from $2.05

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Restitution checks possible for some reverse mortgage borrowers after CFPB action

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Reverse mortgage borrowers whose loans were previously serviced by U.S. Department of Housing and Urban Development (HUD) subcontractor NOVAD Management Consulting LLC may receive reimbursement checks in the mail following a 2024 enforcement action brought by the Consumer Financial Protection Bureau (CFPB). The National Reverse Mortgage Lenders Association (NRMLA) notified its members on Friday morning in

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PennyMac reports Q4 profit of $107M as origination growth offsets MSR runoff

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PennyMac Financial Services reported its full-year and fourth-quarter 2025 earnings on Thursday, telling investors and analysts that higher mortgage production helped offset pressure on servicing income from increased prepayment activity. The California-based company posted a solid quarter and a strong 2025, but its growth in loan production is doing the heavy lifting. Servicing profitability is

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Vertyx adds AI-powered retention tools to servicing platform

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Mortgage servicing technology provider Vertyx on Tuesday announced the release of a new Borrower Relationship Management capability that aims to help servicers and investors identify borrower retention and recapture opportunities earlier in the loan life cycle. The new feature is part of Vertyx’s end-to-end mortgage servicing platform, which is designed to help institutions monitor portfolio

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US foreclosure filings rise 14% in 2025 as FHA borrowers face greater risk

Attom Data Solutions, Delinquencies, FHA loan, Foreclosure, Housing Market, HWmember, Mortgage, Mortgage Servicing, REO /

Foreclosure filings were reported on 367,460 U.S. properties in 2025, up 14% from 2024 and up 3% from 2023. Foreclosure filings in 2025 were also down 87% from a peak of nearly 2.9 million in 2010. That’s according to ATTOM‘s Year-End 2025 U.S. Foreclosure Market Report, released Thursday, which is based on publicly recorded and

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