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Home » Topics » IMFnews » Servicing

Servicing
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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.
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Nonprime Servicing Volume Increases in Third Quarter

December 10, 2024
James Dohnert
Select Portfolio Servicing remained the largest nonprime servicer at the end of the third quarter.
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Short Takes: Refis Peter Out / Sentiment on Housing Improving / Angel Oak as Non-QM Aggregator / Foreclosures Slow

December 10, 2024
Brandon Ivey
Locks for refis plummeted in November following a rise in interest rates.
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Minor Turbulence Hits Subservicing Market in 3Q

December 9, 2024
Paul Muolo
Among the top five subservicers, the steepest descent in year-over-year business was registered at Dovenmuehle.
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