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Home » Topics » IMFnews » Servicing

Servicing
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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.
Read More

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.
Read More

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.
Read More

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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Phoenix Hits the Market With a $2B MSR Deal, More Transactions Expected

November 27, 2023
Paul Muolo
The homes backing the portfolio are located in Alabama, Georgia and Mississippi mostly.
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Ginnie MSR Sales Increase in Third Quarter

November 22, 2023
John Bancroft
Lakeview Loan Servicing has been the most active bulk buyer of Ginnie MSRs, with $87.67 billion in acquisitions since the first quarter of 2022.
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Short Takes: Average Loan Amount Declining / Slow Recovery for Home Sales / Delinquencies Decline / Thanksgiving Break

November 22, 2023
Brandon Ivey
Average loan amounts on mortgage applications are coming down as the share of first-time homebuyer applicants increases.
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Short Takes: Eye on the 10-Year / A Decline in Forbearance / CrossCountry Expands DPA Program / Rithm Completes Acquisition / APM Promotes Lowman to Chair

November 21, 2023
Brandon Ivey and Paul Muolo
Some 0.29% of mortgages were in forbearance as of the end of October.
Read More
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Latest Imf News

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