Retaining servicing rights on production can provide originators a profit opportunity, if they are able to manage the business effectively.

Servicers said they believe the industry can do a better job of educating homeowners of natural disaster risks to their homes.

Servicing executives said enhanced data have helped homeowners avoid foreclosure and kept overall losses down for investors.

To increase already substantial market shares, nonbank mortgage companies are investing in proprietary technology for originations and servicing.

FCC one-to-one consent rule vacated; CFPB details cash-out refi usage; RiskSpan launches MSR analytics offering; AI tool helps with mortgage applications in Spanish.

Flagstar’s transfer of $73.9 billion of agency servicing rights accounted for over a third of the bulk MSR transfers in the fourth quarter. Coissuance volume was up slightly with higher agency MBS issuance. (Includes three data tables.)

The total delinquency rate on loans in agency MBS increased by 24 basis points during the fourth quarter. Delinquencies were up at FHA, VA and the GSEs. The rate is expected to rise modestly in 2025. (Includes data table.)

Recently divorced or widowed homeowners told the CFPB that mortgage servicers sometimes say they must refinance, even when they should be able assume the existing mortgage.

FCC warns scammers are successfully impersonating mortgage companies; Rocket begins first phase of rebrand; household growth expected to slow; MBA expands college program; Lower acquires technology vendor; MTC increases transparency on MSR valuations; Voxtur Analytics considering a sale; automated loan mod offering.

The quality control team at Fannie Mae identified “red flags” that could indicate borrowers have mischaracterized whether they’re seeking a mortgage for a primary residence or for a second home or investment property.