RCN Capital, South Windsor, Conn., released the spring 2025 RCN Capital/CJ Patrick Co. Investor Sentiment Index, finding that the quarterly score fell to 88.
Category: News and Trends
MBA Premier Member Editorial: Is the Rocket-Mr. Cooper Deal A Catalyst for Change in Mortgage Servicing?
The recent announcement of Rocket’s acquisition of Mr. Cooper has sent ripples across the mortgage industry, creating what many industry leaders are calling a watershed moment for mortgage technology. This consolidation represents more than just another M&A deal–it marks the beginning of a fundamental shift in how the market’s largest players view servicing portfolios and technology infrastructure.
ICE First Look: Delinquencies Edge Up in March Year-Over-Year
Intercontinental Exchange Inc., Atlanta, released its March 2025 First Look, showing the delinquency rate was up slightly year-over-year, to 3.21%.
FundingShield: Nearly Half of Transactions at Risk in First Quarter
Nearly 47% of transactions on an $80 billion portfolio of residential, commercial and business purpose loans had issues leading to a risk of wire and title fraud during the first quarter, according to FundingShield, Newport Beach, Calif.
ATTOM: Average Property Taxes on Single-Family Homes Up 2.7% in 2024
ATTOM, Irvine, Calif., released its 2024 property tax analysis, finding that the average tax on a single-family home last year was $4,172 in 2024, a 2.7% increase from the previous year.
Servicing Quote of the Week
“Overall mortgage performance improved in March, with more borrowers making their mortgage payments and fewer borrowers in forbearance and loan workouts compared to the prior month.”
–MBA’s Vice President of Industry Analysis Marina Walsh, CMB
MBA: Share of Mortgage Loans in Forbearance Decreases Slightly to 0.36% in March
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 2 basis points from 0.38% of servicers’ portfolio volume in the prior month to 0.36% as of March 31, 2025.
MBA Statement on FHA’s Adoption of New Loss Mitigation Safeguards
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the Federal Housing Administration’s (FHA) adoption of new loss mitigation safeguards.
MBA Premier Member Editorial: How AI Can Help Turn Customer Experience Into a Revenue Engine
For mortgage servicers and lenders, the contact center has long been viewed as a cost of doing business–a necessary function to resolve issues, manage complaints, and stay compliant. But what if AI could make that very same function a source of strategic growth?
Mary Kay Scully From Enact: Adding Value–Becoming an Appraisal Expert
People are becoming increasingly interested in how much their house is worth, which has put appraisal accuracy under the microscope.