Default servicing refers to the process of managing and resolving mortgage loans that are in default, meaning the borrower has failed to make payments according to the terms of the loan agreement. ...
Mortgage servicing is a cost center for lenders. The process of maintaining the day-to-day operations of a home loan is tedious. Between collecting monthly payments from the borrower, paying the ...
An uphill climb faces mortgage industry leaders experiencing whiplash in 2022 as they plan for 2023. You are probably asking yourself these questions when strategizing how you will conquer 2023: Will ...