CSBS plans to reduce the subjectivity in standards for large nonbank servicers or potentially drop the standards altogether.

The combined overall delinquency rate for Fannie and Freddie dropped to 2.57% at the end of March...

The game is on: Ginnie Mae buyouts for loss mitigation/foreclosure purposes spiked in 1Q21 to $9.7 billion...

The rule “puts some real teeth behind the CDC’s COVID eviction moratorium,” according to Adam Levitin, a Georgetown Law School professor. He added that “some jurisdictions seem to be taking the CDC moratorium as merely advisory, rather than as binding law.”

More flow auctions are hitting the market...

Amazingly, there were no bulk transfers of Ginnie MSRs. None.

If Caliber's MSR portfolio of $152.7 billion is valued at 100 basis points, that translates into a value of $1.52 billion, at least...

Nonbanks continued to amass agency servicing market share in early 2021 as many depository institutions allowed their portfolios to shrink.

What some may have forgotten: Last fall, NRIC submitted a confidential S-1 on its mortgage banking affiliate NewRez but the IPO never came off...

Missing from these calculations are two recent attempts by Caliber Home Loans to sell product — large offerings that were later yanked as the nonbank negotiated its sale to New Residential Investment Corp.