For years, the number of subservicing contracts has proliferated. But with loan production falling, there is less of a rush to use outsourcing vendors. Some lenders may even move the function inhouse. (Includes data chart.)

Fannie Mae and Freddie Mac are leaning on special purpose credit programs to offer better access to housing finance for Black and Latino borrowers.

The reason, United Wholesale Mortgage told employees, was to avoid legal bills and long-drawn court proceedings.

Freddie researchers find extensive overlap between manufactured home-friendly localities and mortgage-ready residents.

After a respite of sorts, the insatiable appetite for mortgage servicing rights revives. Meanwhile, Better.com and its founder find themselves on the wrong end of a civil damages claim.

Servicing bids are off their highs for the year, but the situation could be temporary. As originations wane in the quarters ahead, nonbanks could flood the market with more auctions.

Data from multiple listing services show that the housing inventory shortage is acute, with closed and pending home sales outpacing new listings.

According to new research paper, nonbanks use their MSRs to help fund operations in a rising rate environment, resulting in stronger originations in comparison to banks.

Starting next year, investors and other industry stakeholders will have a more granular view of the capital status of Fannie and Freddie.

The manual describes when flood insurance is mandated and when exemptions are allowed, among other issues.