Mortgage Servicing – Page 3 – Cantilever Real Estate

Newrez parent Rithm Capital posts 57% profit growth in 2024

February 6, 2025 by bp56691

Rithm Capital, which owns multichannel mortgage lender Newrez, built upon its success in 2023 with net income of $835 million in 2024. That figure represented a 57% increase from its profit of $533 million a year earlier.

Ownwell partners with Valon on property tax monitoring service

February 3, 2025 by bp56691

Ownwell is unveiling a new partnership that aims to help homeowners save money by avoiding higher property tax payments. On Monday, the company said it would partner with mortgage servicing company Valon to offer property tax savings services.

Mr. Cooper agreed to a $5.8 million settlement. Who is eligible for relief?

January 28, 2025 by bp56691

Nationstar Mortgage — currently doing business as Mr. Cooper — has agreed to settle a lawsuit which alleges that the company violated mortgage servicing laws and forced borrowers into foreclosure.

Newrez president Baron Silverstein on client retention and third-party servicing

January 25, 2025 by bp56691

In this week’s PowerHouse episode, Newrez President Baron Silverstein dives into his company’s recent acquisitions and its growth strategy.

Reverse mortgage servicing safeguard might help LA borrowers

January 17, 2025 by bp56691

A 2023 safeguard introduced in reverse mortgage servicing software could help borrowers in Los Angeles avoid foreclosure.

HUD settles with PHH over alleged mortgage payment fees that violated FHA rules

January 13, 2025 by bp56691

HUD has settled with PHH over fees the company allegedly attached to mortgage payments. The department called the settlement “historic.”

Loss-mitigation waterfalls face a murky future under Trump administration

December 26, 2024 by bp56691

Servicers have a request for the incoming Trump administration — standardization and simplification of loss-mitigation frameworks.

Celink awarded high net promoter score in recent customer survey

December 12, 2024 by bp56691

The leading reverse mortgage servicer said its net promoter score of 74 indicates a high level of satisfaction among its clients.

Mr. Cooper’s Jay Bray explores servicing book growth, tech enhancements for 2025

December 5, 2024 by bp56691

In this episode of the PowerHouse podcast, Mr. Cooper CEO Jay Bray dives into the company’s recent acquisitions, servicing and growth.

Haven partners with Ownwell to streamline property tax monitoring and appeals

November 26, 2024 by bp56691

Mortgage technology platform Haven will partner with property tax servicer provider Ownwell to help borrowers save on their property taxes.