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Home » Topics » IMFnews » Servicing

Servicing
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MSR Prices Strong as Sales Slow

September 26, 2023
Paul Muolo
“A year ago, we were flooded with deals,” said one East Coast-based MSR broker. “Now we’re not, but prices have grinded higher.”
Read More

Climate Risk Weighing on Mortgage Market

September 26, 2023
Monica Hogan
Aretreat by the home insurance industry changes the risk environment of FHA’s mortgage insurance program.
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VA Extends Timeline for Loss-Mitigation Service Program

September 25, 2023
Monica Hogan
“It’s taking us a little longer to get this done, but at the same time, we want to get it right,” Michelle Corridon, deputy director of policy at VA, said of the VA Servicing Purchase program.
Read More

Short Takes: Delinquency Trends Could Turn / Affordability at Lowest Point in Decades / How Much is a Multifamily Business Worth?

September 25, 2023
Brandon Ivey
Delinquency rates may be nearing cycle lows...
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Ginnie Gains Servicing Share in Second Quarter

September 22, 2023
John Bancroft
Ginnie Mae continued to set the pace in the agency single-family servicing market as its outstanding MBS rose 2.1% to $2.270 trillion.
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Bank Capital Requirement Proposal Would Squeeze Nonbanks

September 22, 2023
Brandon Ivey
There's an interplay between how the proposal would impact larger banks and the effects on nonbank mortgage companies.
Read More

CFPB Making Progress on Revisions for Loss Mitigation

September 21, 2023
Sam Manas
“Our goal is to basically find a way to preserve that flexibility to allow streamlined tools and servicing,” said Mark McArdle, assistant director of mortgage markets at the CFPB.
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Short Takes: Applications Increase / BBB Rating for HEA Securitization / Chase Securitizing Old RPLs / Altisource Branches Out Into HECM REOs

September 20, 2023
Brandon Ivey
Applications increased even as interest rates ticked up.
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Short Takes: ‘Mild’ Recession Expected / Waiting for Lower Rates / Few Loans in Forbearance

September 19, 2023
Brandon Ivey
Soft landing or mild recession...
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Steady but Slow Growth for the Nation's Subservicers

September 18, 2023
Paul Muolo
Sweeping M&A activity was expected in the subservicing sector...
Read More
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