Some 0.29% of mortgages were in forbearance as of the end of October.

The big concern: MSR packages could flood the market in the coming months as struggling lenders look for cash.

BTIG is remaining “neutral” on the shares of nonbank servicer Ocwen...

FHA is seeking additional comments on its planned Payment Supplement Partial Claim program.

While many smaller nonbank mortgage companies struggled during the third quarter, a group of 15 public nonbanks increased their earnings by more than 20% on a sequential basis.

It was originally thought that publicity generated by the consent order would cause at least some of Cenlar’s subservicing clients to switch vendors. But so far, that hasn’t happened.

The senators said VA should pause foreclosures for borrowers who will likely qualify for the Veterans Assistance Servicing Purchase program.

A turnaround is unlikely until the second quarter of 2024, according to Marina Walsh, a vice president of industry analysis at the MBA.

Lenders hurting for cash are expected to sell off MSRs and there are numerous buyers for the product.

Shellpoint topped the ranking for the fourth consecutive quarter....