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Home » Topics » IMFnews » Servicing

Servicing
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Short Takes: HPA Expected to Slow / Foreclosures Decline / PrimeLending Growing in Texas / Cenlar Aims to ‘Fortify’ its Compliance

December 12, 2023
Brandon Ivey
Experts surveyed by Fannie project that home price appreciation in 2024 will come in at a rate of less than half of the appreciation accumulated this year.
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MSR Values in Danger of Getting Nicked?

December 11, 2023
Paul Muolo
Declining rates are good for the lending side of the mortgage business, but if you own MSRs...
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Short Takes: Jobs and Interest Rates / CFPB Servicing Rule Coming / Incenter Expands Advisory Services / Securitization of Proprietary Reverse Mortgages

December 8, 2023
Brandon Ivey
Despite a relatively strong jobs report, the MBA still anticipates that the Fed will begin to cut rates in the spring.
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McHenry Declines to Run for Reelection in House

December 6, 2023
Paul Muolo
Rep. Patrick McHenry, R-NC, is currently the chairman of the House Financial Services Committee.
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Mixed Outcome in Dispute Between Black Knight, PennyMac

December 5, 2023
Brandon Ivey
An arbitrator issued an interim award of $155.2 million for Black Knight.
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FHA to Improve Monitoring of Lenders, Servicers

December 5, 2023
Monica Hogan
An inspector general identified counterparty risk related to protecting FHA’s Mutual Mortgage Insurance Fund as one of HUD’s top management challenges for 2024.
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Short Takes: Steady Margins / Older Millennials Struggle / Standardization for HFA Forms / Large Donation From MacKenzie Scott

December 5, 2023
Brandon Ivey
PennyMac's margins in the fourth quarter are at levels similar to those seen in the third quarter.
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MBA Seeks Clarity From VA on Servicing Advances

December 1, 2023
Monica Hogan
The Mortgage Bankers Association is asking VA to release a detailed plan for how servicers will be reimbursed if they participate in VA’s call for a six-month pause on foreclosures for struggling veteran borrowers.
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Signs of Stability in Commercial MBS Market

December 1, 2023
Dennis Hollier
Players in the commercial MBS market now have a better understanding about which assets are performing and which aren’t, according to Lisa Pendergast, executive director of the Commercial Real Estate Finance Council.
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Servicing Income Helping to Prop Up Lenders

November 30, 2023
John Bancroft
Large mortgage companies are seeing flat income from originations and increasing income from servicing.
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