Has UBS given up on owning a servicer?

Industry wants more time to comply with new credit score requirements.

SPS, inherited by UBS when it purchased Credit Suisse in June, has been placed into a “bad bank,” sources indicate.

Ginnie Mae President Alanna McCargo detailed an effort to establish a credit facility for nonbanks and plans to expand the pool of contributors to Ginnie MBS.

DBRS said it’s in talks with the SEC to resolve a potential enforcement action related to its compliance with recordkeeping requirements.

CMBS delinquencies are on the rise but some industry participants believe fears of mass foreclosures in the sector are overblown.

Can a financial innovation in the Chinese capital market serve as a hedge for MBS?

With employee counts shrinking and Wells Fargo exiting the correspondent channel, lenders reported an increase in margins in the second quarter.

Some industry stakeholders are portraying the proposed capital requirements on mortgage assets as an existential threat, one that might indirectly hurt independent nonbanks. But perhaps those fears are overblown.