Students logging into their student loan servicer accounts may not be able to see their progress in loan forgiveness payments after the Department of Education stalled payment counts.

TROY, Mich.: 27 July 2023 — With the average rate on a 30-year fixed-rate mortgage currently sitting at 6.8%, the highest level since November 2022, and costs for everything from home insurance to ...

Under RESPA, a servicer is prohibited from providing certain information regarding “any overdue payment, owed by such borrower and relating to such period or qualified written request, to any ...

NEW YORK--(BUSINESS WIRE)--KBRA releases research that identifies workout fees in U.S. commercial mortgage-backed security (CMBS) waterfalls. When a special servicer returns a loan to the master ...

Servicer commentary indicates the borrower is interested in extending the June 2024 maturity date of the loan. At the time of origination, the loan had two one-year extension options implying a fully ...

TROY, Mich.: 28 July 2022 — As a recession seems increasingly likely and mortgage loan delinquencies are on the rise, customers want to be assured their mortgage servicers are on their side. According ...

On August 2, 2023, the CFPB announced that it had filed a complaint against a Georgia-based auto-loan servicer alleging “unfair acts and practices in violation of the Consumer Financial ...

“When a loan servicer holds itself out to a borrower as having experts who work for her, tells her that she does not need to look elsewhere for advice, and tells her that its experts know what options ...

LONDON-- (BUSINESS WIRE)-- Fortress Investment Group LLC (“Fortress”) today announced an agreement to sell Foundation Home Loans, the UK specialist mortgage lender and servicer, to Athene ...