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Home » Topics » IMFnews » Servicing

Servicing
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Short Takes: Applications Hold Steady / Mixed Trends in Foreclosures / Cherry Hill REIT Takes Loss / A&D Provides CRM Tool to Brokers

November 13, 2024
Brandon Ivey
There was little movement in applications for purchase mortgages or refinances last week.
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Focus on Interest Rates Shifts From Fed to Treasury Yield

November 8, 2024
Brandon Ivey
Movements in Treasury yields — rather than actions by the Fed — have been a bigger driver in changes to interest rates on mortgages recently.
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Ginnie to Reward Issuers That Successfully Hedge MSRs

November 8, 2024
Brandon Ivey
The capital relief will be provided via an adjustment to MSR values.
Read More

CSBS to Expand One Company, One Exam Framework

November 8, 2024
Shannon Clark
One Company, One Exam aims to streamline mortgage examinations for companies by completing one state exam per company using a series of standardized exam questions.
Read More

Short Takes: Delinquencies Decline / Ishbia Expects Positive Changes Under Trump / Upgrades for Large Nonbanks / Redwood MBS With IPLs

November 8, 2024
Brandon Ivey
The modest decline in delinquencies in the third quarter was tied to early-stage delinquencies, while later-stage delinquencies increased.
Read More

UWM’s Income Declines, Margins Increase in Third Quarter

November 7, 2024
Brandon Ivey
Hedging gains in the third quarter didn’t fully wipe out a $446.1 million decline in fair value of MSRs at UWM.
Read More

Fewer Rate Cuts Expected From Fed Under Trump

November 7, 2024
Brandon Ivey
Trump's economic policies could limit rate cuts by the Fed in 2025.
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Guild Takes Loss Tied to Servicing in Third Quarter

November 7, 2024
Brandon Ivey
Declining interest rates during the third quarter contributed to a negative $145.8 million mark on the value of Guild’s mortgage servicing rights.
Read More

Short Takes: FICO Increasing Score Price / Earnings Jump at Finance of America / Zillow Increases Originations / Losses Narrow at Blend

November 7, 2024
Brandon Ivey
The wholesale royalty cost for a FICO credit score for mortgage originations will increase by 41% in 2025 to $4.95.
Read More

Big Swings Likely in Federal Housing Policy Under Trump

November 6, 2024
Brandon Ivey
A business-friendly CFPB, higher insurance premiums for FHA borrowers and an exit from conservatorship for the GSEs are all possibilities.
Read More
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Latest Imf News

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