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Home » Topics » IMFnews » Servicing

Servicing
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JPM Posts a Slight Gain in Home Lending for 2Q21 but Suffers Lower Margins

July 13, 2021
Paul Muolo
On a sequential basis, home lending revenue came in at $1.35 billion, a 7.4% decline from the first quarter.
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Ginnie Poised to Hike Capital Requirements for MBS Issuers

July 13, 2021
Paul Muolo
Ginnie has been working on the change in requirements for well over a year...
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Mortgage Bankers Add Jobs, Brokers Trim Their Ranks

July 9, 2021
Paul Muolo
“You can cut people in five minutes but if you need to rehire them, you’re going to have a tough time getting them back,” said industry consultant Paul Hindman.
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ORIX Top Multifamily MBS Servicer in Ginnie Market

July 8, 2021
John Bancroft

ORIX, now operating as Lument, serviced $21.22 billion of GNMA multifamily MBS at the end of May, or 15.5% of the market...


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Quicken Expected to Offload MSRs in a Hot Market

July 8, 2021
A stampede to sell MSRs in the third quarter? That's what the dealmakers are expecting...
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Mr. Cooper Selling Off its Reverse Mortgage Servicing Business

July 6, 2021
Brandon Ivey
The sale of the Champion Mortgage reverse mortgage servicing portfolio allows Mr. Cooper to focus on its core business and improve profitability.
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Short Takes: Home Price Appreciation at 2005 Levels / Forbearance Rate Flat / Many Borrowers Extending / Saluda Grade Capital Raise

July 6, 2021
Brandon Ivey
Annual home price appreciation in May hit a level last seen in 2005...
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CFPB Takes a Look at Asian American and Pacific Islanders in the Mortgage Market

July 2, 2021
Lisa Burden

Home Point’s Shares Test 52-Week Low, Nonbank Targeted by Law Firm

July 1, 2021
Paul Muolo
Hell hath no fury like a shareholder who's sitting in a pool of red ink. Then again, the mortgage industry has seen these type of lawsuits before...
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FHFA Drops LTV Restrictions on Loan Modifications

June 30, 2021
How many consumers will seek a modification due a COVID hardship remains to be seen. Forbearance readings continue to drop...
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Latest Imf News

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