Mortgage servicing rights (MSR) are often transferred to a third-party that takes over the administrative tasks of servicing a mortgage in exchange for a fee.

Read our guide to find out what deficiency judgments are in real estate, how they work in foreclosures and what mortgage borrowers should know about them.

Loss mitigation is the process in which borrowers and lenders work to create a plan to avoid foreclosure. Learn more about loss mitigation options here.

A forbearance agreement allows borrowers to temporarily suspend their mortgage payments during unexpected financial hardship. Read about forbearance agreements.

Seller concessions are closing costs that the seller has agreed to pay, but is it a reasonable request? Learn more about seller concessions and how they work.

Wondering what recording fees are, how much they’ll cost you and what will happen if you don’t pay them? We have all the answers here with our quick guide.

Some mortgage servicers arrange impound accounts to collect fees from home buyers. But how do they work, and do they benefit you? Keep reading to find out.

If you’re considering buying a home, you’ve probably seen the term “mortgagee.” Learn who a mortgagee is, and what role they play in the home buying process.

There are a number of reasons why a borrower might want to break the loan agreement for their fixed-rate mortgage. Learn about whether this is possible here.

You’ve closed on your mortgage. Congratulations! Now learn about the timing of your payments and what’s included in your statement.

Our Rocket Mortgage^® mobile app is the best way to manage your existing mortgage and handle the application process on the go. Check out the features!

A YOURgage® loan is a custom mortgage that can allow home buyers greater flexibility with their mortgages. Read more about YOURgages and their requirements.

Financial and living situations often change over time. Here are some steps and considerations to keep in mind when trying to remove a name from a mortgage.

A mortgagor is an individual or organization that borrows money to purchase real estate. Learn about mortgagors versus mortgagees and their relationship.

A subordinate mortgage can be a complex topic with implications for borrowers. Uncover important realities you need to know about mortgage subordination.

Blanket mortgages finance multiple properties under one loan. Uncover the pros and cons of blanket loans to see if this type of financing is right for you.

A dry closing occurs when everything but payment is completed at closing. Find out what a dry closing is and which states allow dry closings.

A bundle of rights describes the legal rights associated with property ownership: the right of possession, control, enjoyment, disposition and exclusion.