It’s not final yet, but servicers stand to make at least $500 per unit to handle GSE loans that need to be deferred because of COVID-19-related hardships.

The increase, though, is relatively modest compared to expectations, as more borrowers likely became 30-day delinquent on May 1.

Impac Mortgage Holdings is about to unload what’s left of its MSR assets. Meaning?

GSE and government-insured loans accounted for 86.1% of the market in early 2020, a period that featured a historic nosedive in mortgage interest rates and frenetic volatility caused by the pandemic...

The House Financial Services Committee has asked servicers to disseminate consistent information about pandemic-related forbearance options.

Arch MI: “The loss ratio for the 2020 first quarter reflected 12.0 points of losses which resulted from financial stress due to the COVID-19 global pandemic."

The $500 deferment fee is scheduled to take effect on July 1, pending approval from the Federal Housing Finance Agency.

Citadel currently is not originating but services a roughly $3.5 billion portfolio.

All of the mortgages in MFA’s planned MBS were originated by Citadel, leading to speculation that the deal was scrapped. However, a spokesperson for MFA said the REIT still plans to issue the security.

Information provided by FHA servicers regarding forbearance options is “inconsistent and dated,” according to the HUD watchdog.