The increase in the delinquency rate in the second quarter of 2026 erased improvements seen in the first quarter. Delinquencies are also expected to rise through the end of the year. (Includes two data tables.)

Some subservicers are offering to pay deboarding fees charged by competing subservicers to help prompt transfers. MSR owners have some hesitation beyond fees, including risks from transfers.

Rocket was one of the largest sellers of agency mortgage servicing rights during the second quarter and the only nonbank to post a decline in owned servicing among the top-10 firms. Chase’s decline in owned servicing looks to be tied to portfolio runoff. (Includes three data tables.)

Servicing and loan modification issues continued to account for the majority of complaints filed with the bureau in the second quarter of 2026, including a rise in issues involving mods. (Includes two data tables.)

Carrington led MSR buyers in the first half of the year, focusing on loans with lower coupons. Bayview Asset Management ranked second, targeting mortgages with interest rates above 6.0%.

Ginnie Mae single-family servicing outstanding increased modestly during the second quarter, but individual servicers’ portfolios saw big movements. (Includes four data tables.)

Servicers of business purpose loans noted challenges handling the asset class due to the customizable structure of the loans.

The nonbank share of agency servicing increased to 68.6% at the end of June. Rocket remained the top servicer, though the nonbank’s servicing portfolio declined during the second quarter. (Includes two data tables.)

Despite its failed bid for Two Harbors, analysts expect United Wholesale Mortgage to continue its search for a servicing platform.

The CFPB plans to issue a servicing rule in August and is considering revisions to ATR/QM requirements. Both HUD and VA have a long list of rulemaking plans, while FHFA’s regulatory agenda is more limited.