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Home » Topics » IMFnews » Servicing

Servicing
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Saving the Day in 1Q22: MSR Markups

June 8, 2022
Brandon Ivey
Overall, the 21 shops reported a loss of $1.27 billion from mortgage production activities in 1Q22...
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Bank MSR Values Hit 16-Year High

June 6, 2022
Brandon Ivey
Banks, combined, handled $3.15 trillion in mortgage servicing for others as of the end of March...
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A Slight Lull in Mortgage Servicing Auctions, Prices Ebb

June 3, 2022
Paul Muolo
The peak in prices could be over, for now...
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Mr. Cooper Forecasts a Break-Even 2Q, Excluding MSR Marks…

June 2, 2022
Paul Muolo
The nonbank revealed it anticipates “roughly break-even net income” for the second quarter, excluding potential mark-to-market gains on its massive MSR holdings...
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Citi Picks Mortgage Expert for Latest MDI Rotation Program

June 1, 2022
Monica Hogan
Citi continues to pay the employee's salary while they work for the MDI...
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MSR Share of Assets at Nonbanks Varies Widely

May 26, 2022
Paul Muolo
FHFA and Ginnie have grown uneasy with the fact that so many nonbanks have come to dominate the servicing business.
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Nonbanks Ride MSR Valuations to Higher 1Q22 Earnings

May 25, 2022
Rising mortgage rates and Treasury yields cause MSR valuations to spike.
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Short Takes: Delinquencies Decline / No Foreclosure Surge / Home Sales Slow / Longbridge Names New COO

May 23, 2022
Brandon Ivey and Monica Hogan
Delinquencies and foreclosure starts both declined in April on a monthly basis.
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FHFA, Ginnie Provide Updates on Nonbank Liquidity Progress

May 20, 2022
Brandon Ivey
One of the biggest issues regarding the FHFA proposal: the liquidity buffer and committed financing lines...
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A New MSR Offering From Prestwick. MIAC Busy as Well

May 19, 2022
Paul Muolo
The Prestwick Group is brokering a $618 million portfolio of Fannie Mae/Freddie Mac product.
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