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Home » Topics » IMFnews » Servicing

Servicing
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FHA/VA Foreclosure and Eviction Moratoriums Extended Once Again

February 16, 2021
Maria Volkova

The new timeline moves the moratorium's expiration from March 30 to June 30...


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Short Takes: loanDepot's Stock Rises / Average G-Fee Declines / UpEquity Raises $25 Million / Forbearance Share Declines

February 12, 2021
Brandon Ivey

loanDepot's stock jumped more than 50% on its first day of trading after the nonbank downsized its IPO.


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Delinquencies Decline Across the Board in Fourth Quarter

February 12, 2021
Brandon Ivey

Time-based measures of delinquency rates showed slight declines during the fourth quarter of 2020, as did the foreclosure rate, according to Inside Mortgage Finance's large servicer delinquency index.


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Short Takes: Applications Decline / GSE Foreclosure Moratorium Extended / Jumbo MBS from Goldman / A Seller's Market

February 10, 2021
Brandon Ivey

Mortgage applications fell by 4%, with declines in requests for both refinances and purchase mortgages.


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Borrowers with GSE Mortgages Allowed to Extend Forbearance

February 10, 2021
Brandon Ivey

Coronavirus-related forbearance on mortgages serviced for the GSEs can extend three months past the initial 12-month deadline, according to the FHFA.


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Ocwen Plans to Stem Losses with Investment from Oaktree

February 10, 2021
Dennis Hollier

Ocwen Financial took another loss in the fourth quarter of 2020. The nonbank also received a cash infusion from Oaktree Capital Management with plans to grow.


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New Residential Finishes 2020 Strong; Predicts Better 2021

February 9, 2021
Dennis Hollier

Short Takes: Forbearance Down Slightly / Foreclosures a Concern / 1Q Originations Steady at NewRez / Ocwen Hires New Growth Officer

February 9, 2021
Brandon Ivey

While the share of mortgages in forbearance declined at the end of January, more than one million borrowers feel they're at risk of foreclosure.


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Sagent, Caliber Quickly Settle Servicing Lawsuit

February 9, 2021
Lisa Burden

The settlement was reached lass than a week after Caliber filed a lawsuit alleging that Sagent was holding Caliber's data "hostage."


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With a New Chairman in the Seat, NCUA Proposal on MSRs in Doubt

February 8, 2021
Brandon Ivey

The two major CU trade associations, the Credit Union National Association and the National Association of Federally Insured Credit Unions, and a number of other state-specific industry groups submitted letters in support of the proposal.


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