By adding deferred payments to the end of the mortgage, the bank may be double-charging borrowers for the principal payments.

Interested in buying mortgage servicing rights? You’re not alone, but pricing is beginning to accelerate. Yearend is less than three months away.

Reporting and reimbursement procedures are expected to change immediately at the government-sponsored enterprises.

Industry groups want the Federal Deposit Insurance Corp. to specify which payments into mortgage servicing accounts would qualify for coverage.

Fannie Mae and Freddie Mac posted significant gains in single-family business in the second quarter, but Ginnie was relatively flat and the non-agency servicing market continued to shrink. (Includes two data charts.)

The key concern among the industry is the GSEs’ reliance on loan-to-value ratios and debt-to-income ratios. They recommend Fannie and Freddie develop alternative underwriting criteria for low-income borrowers.

Once confirmed, Rohit Chopra, who is no newbie to the CFPB’s workings, is expected to waste no time getting the bureau’s rulemaking and enforcement machinery ticking.

Two key factors in MSR deals increasing: rates firming up a bit and the calendar. Yearend isn’t all that far away.

Many of the borrowers facing the end of their forbearance plans are struggling financially. Servicers say they’re ready to help, and for those who can’t resume payments there’s home price appreciation to bank on.

Freddie finds trends of bias in appraisal practices; Freedom Mortgage and Mr. Cooper will allow employees to work from home long term.