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Home » Topics » IMFnews » Servicing

Servicing
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REIT Will Enter the Origination Market. However…

January 30, 2024
Paul Muolo
The production chief Two Harbors hired was not identified by name...
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Mortgage Companies Advised to Run Phishing Drills

January 30, 2024
James Dohnert
“If you look at some of the big names, the common thread is always a phishing email that someone clicked on,” said Freddy Feliz, chief information officer and vice president of information technology at the Mortgage Bankers Association.
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Short Takes: loanDepot Waives Late Fees / Slow, Steady HPA / Profit for Dynex in 4Q / MI Benefits Workgroup

January 30, 2024
Brandon Ivey
loanDepot won't assess late fees for its servicing customers for January payments until after the end of the month.
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A ‘Preliminary’ Profit for Mr. Cooper, MSRs Sized at $992B

January 29, 2024
Paul Muolo
In trading Monday, Mr. Cooper's common neared a new 52-week high...
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The Walton-Controlled Arvest Offers $9.4B in MSRs

January 29, 2024
Paul Muolo
A bank spokeswoman noted that Arvest only sells "purchased" mortgage servicing rights...
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Margins, Originations Decline at Western Alliance

January 26, 2024
Brandon Ivey
Western Alliance’s gain-on-sale margin declined from 38 basis points in the third quarter to 30 bps in the fourth quarter.
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Short Takes: Bjelac Returns to Carrington Mortgage / Bilt to Venture Into Mortgage Payment Rewards / Colonial Savings to Launch Servicing Ecosystem / TD Bank Announces Community Impact Plan

January 25, 2024
James Dohnert
Carrington Mortgage non-QM expert returns; Bilt Rewards to offer mortgage payment rewards following funding round; Colonial Savings to launch new mortgage servicing ecosystem; TD Bank announces community impact plan to target LMI and minority borrowers.
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Short Takes: Applications for Purchase Mortgages Increase / Delinquencies Rising / Non-QMs Falter / New Expanded-Credit MBS

January 24, 2024
Brandon Ivey
Purchase-mortgage applications increased even as interest rates inched up.
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Short Takes: Forbearance Fades / New CRT From Fannie / CA Acquires Real Info / MSRs on Offer

January 23, 2024
Brandon Ivey
Just 0.23% of mortgages were in forbearance as of the end of 2023.
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Ginnie Outstandings Rise in 4Q, FHA Delinquencies Jump

January 22, 2024
Brandon Ivey
The last time FHA delinquencies were this high came during the COVID crisis...
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