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Home » Topics » IMFnews » Servicing

Servicing
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Mortgage-Related Complaints Filed With the CFPB Down in 4Q21

January 19, 2022
Andras Malatinszky
However, the number of borrowers unhappy with the loan-modification process jumped 12.7%...
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Rice Park Secures MSR Money, Targets $70B in Acquisitions

January 18, 2022
Paul Muolo
Rice Park said it wants to “build a large scale and durable MSR investing business.”
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A Production Decline and Lower Mortgage Earnings for Truist

January 18, 2022
Paul Muolo
The weighted average coupon of Truist's MSR portfolio: 3.44%...
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Nonbank (Agency) MSR Market Share Just Shy of 61% at Yearend

January 13, 2022
John Bancroft
Depository institutions increased their agency mortgage servicing rights by just 0.4% during the final three months of the year.
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Up for Grabs: At Least $67 Billion of MSRs

January 13, 2022
Paul Muolo
As might be expected, all of those unloading product are believed to be nonbanks.
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States Urge FHA to Ensure Implementation of COVID Relief

January 12, 2022
Monica Hogan
The AGs said servicers are still sending borrowers letters that fail to include the COVID-19 recovery modification as an option, while requiring unnecessary paperwork...
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Earnings Season is About to Start. Hope for Mortgage Bankers?

January 11, 2022
As Wedbush Securities notes in a new report, “We expect lower prepayment speeds should lead to positive marks on MSR values in the quarter.”
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Servicers Skittish on Moving Forward with Foreclosures

January 11, 2022
Brandon Ivey
With the CFPB watching closely, mortgage servicers are careful about how they approach foreclosures...
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As Nonbank Mortgage Stocks Swoon...

January 7, 2022
Paul Muolo
Two of the six — UWM and FoA — became public entities via a SPAC maneuver, something Better.com is presently attempting.
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$10 Billion Worth of MSRs Hit the Market

January 6, 2022
Paul Muolo
In a red hot servicing market, bidding could be fierce...
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