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Home » Topics » IMFnews » Servicing

Servicing
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Agency MSR Transfers Decline Slightly in 2024

January 22, 2025
John Bancroft
Mr. Cooper Group ended the year as the top bulk buyer with $175.93 billion in acquisitions.
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Middleman Expects Ups and Downs Under Trump

January 22, 2025
Brandon Ivey
Interest rates will be pushed and pulled by Trump policies, according to Stan Middleman, president of Freedom Mortgage.
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State Regulators Plan Continued Focus on Nonbank Servicers

January 22, 2025
Shannon Clark
Conference of State Bank Supervisors CEO Brandon Milhorn provided a look at state regulators' priorities.
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WaFd Bank Stops Originating Mortgages, Citing Several Factors

January 21, 2025
Brandon Ivey
The bank anticipates annual expense savings of $17 million from the move.
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Short Takes: One Last Mortgage Enforcement Action From Chopra’s CFPB / Big Banks Offer Relief in CA / Escrow Confusion / Mortgage-Related Income Down at DR Horton

January 21, 2025
Brandon Ivey
Draper & Kramer will be prohibited from residential mortgage lending activities for five years, though the CFPB noted that Draper & Kramer wound down its operations last year.
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More Agency Servicing Shifts to Ginnie, Nonbanks

January 17, 2025
John Bancroft
Lakeview Loan Servicing remained the top agency servicer, with a $732.56 billion portfolio.
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Trump Nominates Bill Pulte for FHFA Director

January 17, 2025
Dennis Hollier
The president-elect said Bill Pulte will help “restore the American Dream for all.”
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Turner Looking to Address Housing Supply at HUD

January 17, 2025
Monica Hogan
Turner looks likely to easily be confirmed to run HUD, based on his reception by the Senate Committee on Banking, Housing and Urban Affairs.
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Short Takes: GSE Bi-Merge Transition Delayed / FHA Updates Loss-Mitigation Waterfall / Updated Damage Estimates for CA Wildfires / A&D to Acquire Flagstar’s Wholesale Business via Mr. Cooper

January 17, 2025
Brandon Ivey
The GSEs didn't provide a revised timeline for implementing bi-merge credit score policies.
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Originations Decline at U.S. Bank, Revenue Takes Hit

January 16, 2025
Brandon Ivey
Mortgage-banking revenue was off due to lower originations and hedges tied to MSRs.
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