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WSJ: Mortgage Companies Move Servicing, Foreclosure Process Off Shore
May 28, 2013Large U.S. mortgage companies are taking their servicing operations off shore as one means to cope with increasing regulatory demands, according to a report by the Wall Street Journal. They are sending servicing tasks and foreclosure processing to major tech companies in India including Tata Consultancy Services and WiPro, which, together with their counterparts there, […]
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Chart of the Day: FHA Forward Loans Rise, Reverse Mortgages Lag
May 28, 2013 -
Makeover Needed for Reverse Mortgage Marketing, States Team with CFPB
May 28, 2013 -
Mortgage Lending Eases for Retirees Under Freddie Mac
May 28, 2013 -
Reverse Mortgage Private Equity Faces New Scrutiny From States
May 27, 2013 -
Senior Advisors Could Play Important Reverse Mortgage Role
May 27, 2013 -
Mortgage Bankers Propose New Plan to Bring Private Market Back
May 24, 2013 -
Memorial Day Round-Up: Reverse Industry Talks Marketing, Lenders Gear Up for ARMs
May 24, 2013 -
State Regulators Join Forces With CFPB Lender Oversight
May 23, 2013 -
Housing Market Still Faces Long, Slow Recovery
May 23, 2013