As might be expected, all of those unloading product are believed to be nonbanks.

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...

As Wedbush Securities notes in a new report, “We expect lower prepayment speeds should lead to positive marks on MSR values in the quarter.”

With the CFPB watching closely, mortgage servicers are careful about how they approach foreclosures...

Two of the six — UWM and FoA — became public entities via a SPAC maneuver, something Better.com is presently attempting.

In a red hot servicing market, bidding could be fierce...

Ginnie Mae mortgages carry a servicing fee of 44 basis points. It can now keep that income all to itself, instead of sharing it with a subservicing vendor...

Fed researchers found that a one-standard-deviation increase in market share led to an 18% reduction in mortgage complaints against nonbanks...

The regulatory development sounds interesting, but there are a few strings attached...

While the delinquency rate is near pre-COVID levels, the number of seriously delinquent borrowers is significantly higher.