Homeowners Without Traditional Mortgages Can Get Aid, Treasury Says

New York Times, Aug. 2, 2021The Treasury Department expanded its guidance to allow states to use the $10 billion Homeowners Assistance Fund to help those in need.https://www.nytimes.com/2021/08/02/business/homeowners-mortgage-federal-aid.html

Customer Growth Boosts ICE Mortgage Technology’s 2Q Revenue

National Mortgage News, July 29, 2021–Brad Finkelstein (subscription)ICE Mortgage Technology reported better than expected second quarter results due to new customer growth and increased adoption of digital workflow tools, executives …

Mr. Cooper Earns $439M, Inches Closer to $1 Trillion Servicing Goal

National Mortgage News, July 29, 2021–Bonnie Sinnock (subsription)Mr. Cooper on Thursday reported $439 million in second-quarter earnings, benefitting from some transitory revenue sources as it made progress toward its goal …

LendingTree Reports Large Home Segment Profits In Q2 2021

National Mortgage Professional, July 29, 2021–Katie JensenLendingTree Inc. announced results for the second quarter ending on June 30. Among the key findings, Home segment revenue of $104.9 million grew 42% …

Biden Asks Congress to Extend Federal Eviction Moratorium

Wall Street Journal, July 29, 2021–Andrew AckermanThe Biden administration won’t move to extend a federal moratorium on the evictions of tenants who have fallen behind on their rent during the …

Servicers Pivot to Keep Borrowers at the Forefront

DCNews, July 28, 2021–Eric C. PeckThe latest DSNews Webinar Series, “How to Master Your Top 5 Mortgage Servicing Priorities This Summer,” focused on the role fintech plays in the mortgage …

Sharp Dive for Mortgage Rates Sets Off New Refinancing Boom

MoneyWise, July 28, 2021–Clayton JarvisMany homeowners know a good deal when they see one. Demand for refinance mortgages is soaring, the Mortgage Bankers Association said. Homeowners are stampeding toward mortgage …