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Home » Topics » IMFnews » Servicing

Servicing
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Performance of Non-QM Loans ‘Rapidly Deteriorating’

March 31, 2026
Brandon Ivey
“30+ day impairments soared 51 basis points month-over-month in February, marking the largest monthly increase outside of COVID and Sunday month-end effects,” according to dv01.
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Short Takes: Home Price Appreciation Slows / Cornerstone’s Servicer Ratings Upgraded / Better Boosts Warehouse Facility / RHS Proposes Allowing ADU Financing

March 31, 2026
Brandon Ivey
Home prices increased by 0.1% on a monthly basis in January, according to the Federal Housing Finance Agency.
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Short Takes: NEXA to Roll Out Servicing Initiative / Carrington CES Flow Into Sage MBS / Summit Announces Layoffs / loanDepot Teams With Homebuilder

March 30, 2026
James Dohnert
NEXA's new initiative would allow originators to share in recurring revenue streams tied to loan performance.
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Two Harbors Drops UWM Plan, Switches to CrossCountry

March 27, 2026
Brandon Ivey
As part of the agreement, CrossCountry paid $25.4 million to United Wholesale Mortgage, a termination fee to end the acquisition agreement UWM had with Two Harbors.
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Short Takes: Non-QM Impairments Rise / Expanded-Credit MBS Issuance Perks Up / Wells Transferring Some Non-Agency Servicing / UWM ARMs in Jumbo MBS From Chase

March 27, 2026
Brandon Ivey
Nine expanded-credit MBS deals hit the market this week. The number the week before: one.
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Production, Servicing Earnings Mixed Across Lenders in 4Q

March 26, 2026
John Bancroft
Among 19 companies that report details on their mortgage-banking operations, production and secondary marketing income was up 10.5%, while servicing saw a 45.3% increase.
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Short Takes: SCOTUS Rejects Potential Challenge to CFPB / UWM Touts Servicing ‘Happiness’ / Goldman Brings Another Jumbo MBS

March 26, 2026
Brandon Ivey
The Supreme Court denied a petition from Nationwide Biweekly Administration to hear an appeal of a lawsuit involving the Consumer Financial Protection Bureau.
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Mortgage Economists Divided on Rate Outlook

March 25, 2026
Brandon Ivey
Economists at Fannie Mae project that interest rates on mortgages will fall throughout 2026 while MBA's economists see rates rising through September.
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Short Takes: Unemployment Rate Expected to Rise / Delinquencies Increase / Sale Prices Decline at KB Home / Citi Offers Large RPL MBS

March 25, 2026
Brandon Ivey
MBA projects that the unemployment rate will rise from 4.4% in the first quarter of 2026 to a peak of 4.7% in the third quarter.
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Waters Seeks Changes to Housing Bill From Senate

March 24, 2026
Brandon Ivey
Rep. Maxine Waters, D-CA, the ranking member of the House Financial Services Committee, called on Democrats in the House to seek a conference committee process for H.R. 6644, the 21st Century ROAD to Housing Act.
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Latest Imf News

  • Correspondent Channel Gains Share in FHA/VA Lending

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