Rithm‘s Nierenberg says firm is not in a ‘race‘ to grow MSRs

Like its peers, New York-based asset manager Rithm Capital, the owner of multichannel lender Newrez, has invested in building an extensive servicing portfolio over the past few years. This has occurred both organically and through acquisitions as Rithm aims to retain customers when mortgage rates decline from current levels.  But…

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NAR files motion to dismiss discrimination and harassment suit

The National Association of Realtors (NAR) has had its fill of lawsuits. The besieged trade association filed a motion to dismiss a discrimination lawsuit brought in June by former employee Roshani Sheth, who alleges that the trade group fired her in retaliation for filing internal complaints that allege discrimination from…

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Pending home sales bounce back in June: NAR

After plummeting to an all-time low in May, pending home sales bounced back a bit in June, with the Pending Home Sales Index rising 4.8%, according to data released Wednesday by the National Association of Realtors (NAR).  The index rose from a reading of 70.8 in May to 74.3 in June, although…

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Three strategies to elevate customer experience in mortgage servicing

In the ever-evolving world of mortgage servicing, delivering an exceptional customer experience at every stage of the customer’s journey is a crucial differentiator. Having spent my career focused on transforming and maintaining an outstanding customer experience specific to our industry, I’ve learned that creating a customer-focused team isn’t achieved through…

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