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Home » Topics » IMFnews » Servicing

Servicing
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Subservicing Volume Up at LoanCare, ServiceMac

June 17, 2026
Brandon Ivey
Rocket Mortgage and Cenlar remained the largest subservicers — by far, as of the end of March, though the firms ranked third and fourth gained some ground during the first quarter of 2026.
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Mortgage Banking Profits Rise in 1Q

June 15, 2026
John Bancroft
An analysis of earnings reports from 18 lenders showed combined income from production and secondary market rose to $2.75 billion in the first quarter, a 5.0% increase from the previous period.
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Short Takes: Borrowers Advised to Negotiate / Borrowers Ready to Avoid People / Foreclosures Decline in May / Rocket Sending Jumbos to Redwood

June 12, 2026
Brandon Ivey
“Two-thirds of mortgage holders compared quotes from multiple lenders during their most recent mortgage-shopping process, but only 54% attempted to negotiate,” according to LendingTree.
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Trump Nominates Brian Johnson for CFPB Director

June 11, 2026
Brandon Ivey
Johnson was deputy director of the CFPB during the first Trump administration.
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Short Takes: White Paper on AI Regulation / Pending Home Sales Decline / Annaly Increases Dividend

June 11, 2026
Brandon Ivey
The MBA's white paper, prepared by the law firm of Orrick, Herrington & Sutcliffe, addresses various questions regarding AI usage.
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Short Takes: Sales of Existing Homes Increase / Pulte’s Dual Role Starts Next Week / Pennymac Adds AI Specialist to Board / AI Servicing Metric

June 10, 2026
Brandon Ivey
“The existing home sales data reflects momentum that was building earlier this spring, when buyers briefly benefited from improved affordability and greater purchasing power,” said Kamini Lane, CEO and president of Coldwell Banker Realty.
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Two Harbors Bidding War Has Implications for MSR Values

June 9, 2026
James Dohnert
“Regardless of who wins the bid, the consequences of this is market-disrupting for anyone who does not have the capital to build up servicing and/or the technology leadership to take advantage of it,” said Rick Roque, a consultant with Menlo Company.
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Short Takes: VantageScore Loans Trickle Into GSE MBS / Rocket Plans Large Debt Offering / Concerns About Concentration in Non-QM Servicing

June 9, 2026
John Bancroft and Brandon Ivey
Some $12.26 million of mortgages originated using VantageScore were included in GSE MBS issued in May.
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Short Takes: First Federal Sells TPO Channel / Trump Keeps Door Open on GSE IPO / Pulte DNI Appointment Only Temporary

June 8, 2026
James Dohnert
The Florida-based bank has agreed to sell its third-party originations channel to Mortgage Forward, part of the Great Lakes Credit Union family.
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Netcapital to Acquire Resmac in $5 Million Deal

June 5, 2026
James Dohnert
The acquisition is set to add a new revenue stream to Netcapital that is focused on residential mortgage originations and servicing.
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