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Servicing
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CSBS Could Scale Back Proposed Standards for Nonbank Servicers

April 22, 2021
Brandon Ivey
After pushback from large nonbank servicers, state examiners will revise pro-posed regulatory standards. Eight large servicers catch a break on stringency.
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Calabria Hints That COVID-19 Policies Are Coming to an End

April 22, 2021
Dennis Hollier
With regard to ending PSPA purchase restrictions imposed on the GSEs, the FHFA director said it would depend on capital.
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Lopsided Growth in Agency Servicing Market in 1Q21

April 15, 2021
John Bancroft
Freddie saw a huge gain in single-family servicing in early 2021, especially among nonbank servicers, while slumping FHA production led to a decline in Ginnie servicing. (Includes two data charts.)
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Mortgage M&A Heats Up with Caliber-NRIC Deal

April 15, 2021
Paul Muolo
Last week, word began to leak out that Caliber Home Loans was talking to New Residential Investment Corp. about a deal. Turns out, the sale chatter was true.
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Underwriters and Processors, Your Time Has Passed (Maybe)

April 15, 2021
Paul Muolo
The mortgage hiring game in a nutshell: Loan officers are in demand, processors and underwriters, not so much.
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Grapevine: $500 Million Says A Lot; Mortgage Tally: JPM Up, Wells Down

April 15, 2021
Paul Muolo
SoftBank places a $500 million bet on the digitization of residential finance by taking a stake in Better.com. Also, mortgage earnings season has begun.
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Will Caliber’s IPO Plan Morph Into a Franchise Sale?

April 8, 2021
Paul Muolo
There’s more than one way to turn your mortgage company into cash. One is an IPO. The other is an outright sale. Will Caliber go the latter?
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CSBS Moving Forward with Standards for Nonbank Servicers

April 8, 2021
Brandon Ivey
States hope to finalize standards for nonbank servicers despite strong opposition from industry participants. Details are still being ironed out, and implementation remains a concern.
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When It Comes to MSRs, the Catchword is Deleverage

April 8, 2021
Conditions are ripe to unload servicing assets, either on a flow or bulk basis. One factor: a fear of higher tax rates.
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GSE MBS Fuels Servicing Growth, Banks Pull Back

March 18, 2021
John Bancroft
The supply of single-family mortgage debt outstanding grew just 4.3% last year, but Freddie and Fannie saw a hefty 13.3% gain from the end of 2019. (Includes two data charts.)
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