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Home » Topics » Inside Mortgage Finance » Servicing

Servicing
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CFPB Issues New Exam Procedures for Reverse Mortgage Servicing

December 7, 2016
George Brooks
CFPB examiners will review a sample of servicing records for loans transferred within the previous year…
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Short Takes: Post-Crisis Non-Agency MBS Gets AAA Rating / Refi Specialists Might as Well Call it a Day? / An IPO for Invitation Homes / Ben Carson in a Museum / FICO Readings on FHA and VA

December 7, 2016
George Brooks, Brandon Ivey, and Paul Muolo
Refi specialists could be in for a word of hurt...
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RPM Mortgage Makes an ‘Investment’ in Ohio Lender American Eagle

December 7, 2016
Paul Muolo
Over the past few weeks, rumors have circulated that the privately held RPM was buying American Eagle...
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A $1.2 Million Severance Package for Former Ditech President David Schneider

December 6, 2016
Paul Muolo
Schneider has until midnight Dec. 9 to accept the severance offer from Walter Investment Management Corp., the nation’s eighth largest residential servicer.
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Short Takes: Bulk Servicing Auctions? / Rates May Fall / Congrats to Dr. Carson on Landing the HUD Job, Though Not From All / The Listener? / Ocwen Debt Exchange

December 6, 2016
Paul Muolo
The bulk servicing market has been quiet lately. But all that could change soon...
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Fair Housing Group Alleges Racial Bias in Fannie Foreclosure Upkeep

December 6, 2016
Carisa Chappell
Fannie Mae added: “Through these actions we have demonstrated our continued dedication to providing quality care to all communities. And we remain firmly committed to continuing to provide such attention to our REO properties moving forward.”
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Jumbo Servicing Up 10.2 Percent Year Over Year

December 5, 2016
Brandon Ivey
The volume of jumbo mortgages outstanding rose to an estimated $892.4 billion as of the end of September…
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Now that the HUD Job is Settled, Speculation Begins on Trump’s Pick for FHA Commissioner

December 5, 2016
Paul Muolo
Cowen adds the nomination “also leaves the door open to FHA premium cuts, though the real driver of that will be the pick of an FHA commissioner.”
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Can a Former MBS Trader Successfully Privatize the GSEs? And What About the Government Guaranty?

December 2, 2016
Paul Muolo
Cowen & Co. believes there’s now a 65 percent chance that GSE reform will happen over the next two years.
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What We’re Hearing: Will the GSE-Investing PE Firms Get Greedy? / Buy Low, Sell High? / How Plugged In is Mnuchin? / Will Trump Try to Bring White Collar Jobs Back Home Too? / The Strange Case of Nebraska and FHA Loan Limits / Meg Burns Gets Promoted

December 2, 2016
Paul Muolo
Will the GSE-investing PE firms blow it?
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