Banks, nonbanks and consumer advocates have major concerns about a proposal to adjust capital requirements for large banks. The proposal would touch on mortgage lending, MSRs and warehouse lending.

Servicing values slipped in the fourth quarter, a victim of lower interest rates from mid-October to yearend. Hedging helped, but weaker escrow values played a role as well.

The lender said it is working with forensic experts and law enforcement to address the cybersecurity incident.

Ginnie Mae remained the fastest-growing sector of the agency servicing market in the fourth quarter, while Fannie Mae posted a small decline. (Includes two data tables.)

A cyberattack this week forced loanDepot’s servicing portal to go offline and its online loan applications process to stop working.

It’s a new year and MSR sales are already beginning to heat up. But who will the most active buyers be in 2024? Count on Mr. Cooper, JPMorgan and private-equity-backed investors.

The Supreme Court will hear a case on whether national banks are required to follow state requirements to pay interest on funds in mortgage escrow accounts. A ruling in favor of national banks could lead to an unlevel playing field, according to state regulators.

The Financial Stability Oversight Council’s annual report included four recommendations to address concerns about risks from nonbank mortgage servicers.

Whole-loan portfolios among insured depositories grew 1.1% during the third quarter, while those institutions pared their servicing-for-others activity by 0.2%. (Includes two data tables.)

Finance of America is ready to unload the last remains of its MSR portfolio. But it comes at an interesting time: Rates continue to fall, thus impacting asset prices.