Several mortgage borrowers seem to be using the government’s forbearance program as more of an insurance policy, a development that is providing some relief for servicers.

The MBA has urged FHA to clarify whether borrowers who had opted for HAMP in the past 24 months are eligible for partial claims.

The adoption of CECL left Fannie with a loss of $1.1 billion at the beginning of 2020; but it only cost Freddie $240 million.

Applications for reverse mortgages shot up during the early days of the pandemic as seniors sought alternative sources of cash.

Small and women/minority-owned businesses servicing Freddie will receive payment on their invoices at least 20 days earlier than stipulated.

Consumer criticisms regarding mortgages topped the list of coronavirus-related complaints filed with the CFPB in April.

MSR investors are looking at new offerings in the bulk market but mostly on a negotiated basis. Flow deals are dead but that could change.

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

The gap between when prepayment proceeds are received and when the funds must be transferred to agencies provides an opportunity for servicers to use the funds for forbearance-related advance payments.