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Home » Topics » IMFnews » Servicing

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Short Takes: Still in the Cards: A Government-Run Credit Bureau? / CFPB Cites Legal Violations / Office Locations a Problem / Foreclosure Issues Too

June 30, 2021
Lisa Burden
The CFPB says most mortgage branches are located in predominantly white neighborhoods...
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The Second-Lien Slump Continues...

June 24, 2021
It’s not uncommon for home-equity lending to take a back seat when first-lien refinancing is running hot but the refi market appears to be waning...
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One ‘Final’ Extension on Home Foreclosures from Uncle Sam

June 24, 2021
Maria Volkova
The Department of Housing and Urban Development, VA, and the U.S. Department of Agriculture are expected to reveal additional plans in July, offering new payment reduction options designed to allow more homeowners to stay in their homes.
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Slipping Away: Jumbo Servicing Balances?

June 23, 2021
Brandon Ivey
Flagstar Bank stood out with a 25.2% jump in jumbo servicing.
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A Trip to the Debt Well for Freedom Mortgage

June 22, 2021
Paul Muolo
With rates headed south once again, debt issuance by nonbanks could get one last run...
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Subservicers Keep Gaining but Worry About Forbearance

June 21, 2021
Paul Muolo
On the surface, the numbers indicate a steadily growing and profitable niche, but...
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Mortgage Industry Facing a Rise in Cyberattacks

June 18, 2021
Mitch Tanenbaum, chief information security officer at Turnkey Cybersecurity and Privacy Solutions, said small to medium-sized shops with no infrastructure to combat such assaults have been the most susceptible.
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Short Takes: Ocwen Strikes Again in M&A / Expanding Its Reverse Universe / (Recent) Past Deals / Denial Rates Released Via HMDA / New Hires for Deephaven Mortgage

June 18, 2021
Paul Muolo
Ocwen has its check book out. Who's next on its buying ist?
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HUD Meets With Mega-Servicers to Discuss Loss-Mit Options. Suspend the MIP?

June 17, 2021
Paul Muolo
HUD is looking to make policy decisions on FHA loans without having a permanent FHA commissioner in place...
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Nonbanks Continue to Gain in MSRs, Feasting on Agency Product

June 17, 2021
Paul Muolo
A trend that's not going away: When it comes to owning MSRs, banks have other ideas...
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