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Home » Topics » IMFnews » Servicing

Servicing
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Mortgage-Related Complaints Decline in 2Q22

August 16, 2022
Sam Manas
Criticism about applications plunged 26% year over year...
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A Pause in MSR Sales, Bids. But For How Long?

August 12, 2022
Paul Muolo
As one dealmaker noted: "Some buyers are filled up, at least for now.”
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A Respite in MSR Sales and Bids, But Probably Not for Long

August 11, 2022
Paul Muolo
Servicing sales have been a boon to lenders this year as origination volumes head south. But are the good times about to end or is it a market in need of a breather?
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Grapevine: Battle of the Mortgage Titans / Better

August 11, 2022
Paul Muolo
UWM outearned Rocket in the second quarter, but mortgage banking is a nine-inning game. Meanwhile, not only is Better.com struggling, so is its chief benefactor, SoftBank.
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FHFA: Servicers Must Maintain Fair Housing Data

August 11, 2022
Dennis Hollier
Fannie/Freddie servicers must collect age, race, ethnicity and language preference data from borrowers.
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Lower Profits for Nation's #3 Originator, UWM. MSRs Bolster Weaker Originations

August 9, 2022
Brandon Ivey
UWM's gain-on-sale margin totaled 99 basis points in the second quarter. Management estimates a GOS of 30 bps to 60 bps in 3Q22...
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Cenlar Chief Tornquist Retires, Former GSE Executives Fill the Void

August 8, 2022
Paul Muolo
The press-shy, privately held vendor made headlines last fall when it was sanctioned by the OCC...
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GSE MSRs Up for Grabs

August 8, 2022
Paul Muolo
The market for MSRs continues to simmer. A busy fall ahead?
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Largest Servicers Lose Some Market Share in Second Quarter

August 4, 2022
John Bancroft
Three of the five largest services saw their portfolios shrink in the second quarter.
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Ocwen’s Income Declines in Second Quarter

August 4, 2022
Brandon Ivey
Income from MSR markups declined and origination units took losses in the second quarter.
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