Lenders and servicers face increasing risks related to rising property insurance costs.

The trade group’s general recommendations focus on changes to marketing services agreements, digital marketing and lead generation.

Why might some MSR buyers pay more for recent higher-coupon portfolios than their peers? They’re confident they can recapture the customer when a refi is “in the money.”

Rice Park Capital Management signed a deal with Rosegate Mortgage to provide home financing opportunities to customers of Nexus Nova, which owns MSR on Rice Park’s behalf.

HUD’s acting secretary said many younger Americans don’t believe they will have the same housing opportunities as their parents.

Holders of mortgage servicing rights marked down the assets at the end of September amid a decline in interest rates. Lower rates reduce the value of MSRs by incentivizing refis.

This year will yield fewer sales than the two previous years but those were aberrations. Small MSR portfolios are available, but nothing in the “mega” $10 billion range.

The new offering allows for a cash-out refi with an LTV ratio near 90% without borrower-paid mortgage insurance.

CHLA lauds Democrats in Congress for urging the Biden administration to investigate Fair Isaac for anticompetitive activities.

A Black borrower alleged that Rocket Mortgage canceled her refinance application after she repeatedly requested that her home appraisal be revised because it was discriminatory.