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Home » Topics » IMFnews » Servicing

Servicing
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SCOTUS Denies Request to Take Up CFPB ABS Lawsuit

December 17, 2024
Shannon Clark
The Supreme Court’s decision effectively grants the CFPB authority over the ABS market.
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HUD Urged to Revise Effort on Servicing Convenience Fees

December 17, 2024
Monica Hogan
The Mortgage Bankers Association noted some notices of violation sent by HUD’s Mortgagee Review Board seek civil monetary penalties for violations of the National Housing Act, and others mention other administrative actions.
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Short Takes: ‘No Meaningful Decline’ Expected for 10-Year / Confidential Report on Basel III / Demand Increases for Purchases of New Homes / Homesteading Proposal

December 17, 2024
Brandon Ivey
Fannie Mae economists forecast “no meaningful decline ” in the 10-year Treasury rate in 2025.
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Servicing Outstanding Grows in 3Q With Push From FHA/VA

December 13, 2024
Brandon Ivey
Ginnie Mae servicing outstanding increased by 1.8% during the third quarter.
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SFA Revamps Data Fields for Prime Non-Agency MBS

December 13, 2024
James Dohnert
The Structured Finance Association is aiming to replace the data tape established by the American Securitization Forum in 2009.
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Short Takes: French Hill to Lead HFSC / FHA Offers Hurricane Relief to Lenders / Affordability Issues Persist / Negative Outlook for Statebridge / PHH Turns to Blend

December 13, 2024
Brandon Ivey
Rep. French Hill, R-AR, will lead the House Financial Services Committee next year.
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Short Takes: Waters to Remain Ranking Member of HFSC / Chopra Defends CFPB Actions / MCT to Pilot Use of FICO 10 T / HEL Tool From ICE

December 12, 2024
Brandon Ivey
The California Democrat vows to fight to maintain consumer protections.
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Trump’s Plans for Tariffs Introduce Uncertainty for Housing

December 11, 2024
Brandon Ivey
“A trade war would increase costs, including housing construction costs, and potentially affect employment, pressuring demand and mortgage performance,” according to Fitch Ratings.
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Short Takes: Frustration, Optimism on Trigger Leads / Planet Financial’s Debt Offering Upsized / Negative Outlook for Rocket / Rocket’s CES Securitization Slows

December 11, 2024
Brandon Ivey
Opposition from Rep. Patrick McHenry, R-NC, stalled legislation this year that would limit trigger leads.
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HUD Set to Launch New Loan Sale Program for FHA

December 10, 2024
Brandon Ivey
The final rule will implement without changes a proposed rule issued in July 2024.
Read More
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