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Home » Topics » IMFnews » Servicing

Servicing
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Delinquencies on Non-QMs Rising at ‘Worrying’ Rate

January 4, 2024
Brandon Ivey
The increase in impairments in November was the largest increase seen in the sector outside of COVID.
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Short Takes: MSR Buyers Still Hungry / Applications Slow / Some Home Price Depreciation Expected / Expanded-Credit MBS From Annaly

January 3, 2024
Brandon Ivey
The industry expects robust bulk MSR trading during the first quarter.
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Short Takes: ‘Overvalued’ Share of Homes Increasing / Existing Home Sales Up / FHA/VA Delinquencies Rising / National Strategy for Financial Inclusion

December 21, 2023
Brandon Ivey
Homes in 88% of metropolitan statistical areas in the country are overvalued, according to Fitch Ratings.
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A Large Servicing Layoff Right Before the Holidays

December 20, 2023
Paul Muolo
Headquartered in Lake Zurich, IL, Dovenmuehle did not return media inquiries on the matter.
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Ginnie’s Assets, Liabilities Jump With RMF Takeover

December 20, 2023
Monica Hogan
Total Ginnie assets stood at $60.2 billion as of the end of September, up from $39.5 billion a year earlier. And liabilities increased from $9.7 billion to $29.4 billion.
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Short Takes: Applications Slow / loanDepot’s New Line of Credit / Another Loss on Old MBS / Stellar Innovations / Correction

December 20, 2023
Brandon Ivey and Paul Muolo
Loan applications declined even as interest rates came down further.
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Flexibility Key as CFPB Revises Loss-Mitigation Standards

December 19, 2023
Sam Manas
The CFPB is in the process of revising its mortgage servicing standards under Regulation X, and expects to float a proposed rule in March.
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Short Takes: Slow Recovery Expected / Mild Recession? / Home Price Appreciation Slows / New Expanded-Credit MBS

December 19, 2023
Brandon Ivey
Fannie Mae expects a slow pace of recovery from previously recessionary levels of housing activity.
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Mr. Cooper Says Cyber Attack More Costly Than Originally Thought

December 18, 2023
Paul Muolo
Among residential loan processors, Mr. Cooper ranks sixth in terms of MSR ownership with $528 billion...
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Agency Servicing Volume Tops $9.0 Trillion in Third Quarter

December 15, 2023
John Bancroft
Ginnie continued to set the pace as its single-family servicing grew by 2.4% in the third quarter.
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