General

Mr. Cooper has signed a definitive agreement with a Bayview Asset Management subsidiary to buy servicing of approximately 140,000 residential loans and add more than 500 employees to its team. The subsidiary, Community Loan Servicing, will…
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Sales of new U.S. homes fell in February for a second month, suggesting high prices and rising mortgage rates may be keeping prospective buyers on the sidelines. Purchases of new single-family homes decreased 2% to a 772,000 annualized pace…
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Serious delinquencies improved in the fourth quarter of 2021 but modifications and foreclosure starts rose as borrowers exited forbearance in droves, according to the Office of the Comptroller of the Currency. Completed modifications and…
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