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Home » Topics » IMFnews » Servicing

Servicing
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Short Takes: Quiet on the MSR Front? (Not Really) / Notables / Neutral on Ocwen / A Comparison on Debt / The NAR Mess, Mortgage Meaning?

November 20, 2023
Paul Muolo
BTIG is remaining “neutral” on the shares of nonbank servicer Ocwen...
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FHA Seeks More Feedback on Loss-Mit Offering

November 17, 2023
Monica Hogan
FHA is seeking additional comments on its planned Payment Supplement Partial Claim program.
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Public Nonbanks Increase Earnings in Third Quarter

November 16, 2023
John Bancroft
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.
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Cenlar Still Working to Resolve Consent Order With OCC

November 16, 2023
Paul Muolo
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.
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Short Takes: Senators Call for VA to Adjust Loss Mit / SPS Update / Guaranteed Rate Offers Program for Real Estate Agents / Another Jumbo MBS From Chase

November 16, 2023
Sam Manas
The senators said VA should pause foreclosures for borrowers who will likely qualify for the Veterans Assistance Servicing Purchase program.
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Losses on Production Nearly Double in Third Quarter

November 15, 2023
Brandon Ivey
A turnaround is unlikely until the second quarter of 2024, according to Marina Walsh, a vice president of industry analysis at the MBA.
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MSR Sales Expected to Increase; Plenty of Buyers

November 10, 2023
Brandon Ivey
Lenders hurting for cash are expected to sell off MSRs and there are numerous buyers for the product.
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Shellpoint Remains Top Non-Agency MBS Servicer

November 9, 2023
James Dohnert
Shellpoint topped the ranking for the fourth consecutive quarter....
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Guild Stays Profitable in 3Q

November 9, 2023
James Dohnert

A gain-on-sale increase helped Guild boost its earning compared to the second quarter.


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Earnings Improve at UWM, Aided by MSRs

November 8, 2023
Paul Muolo
UWM transferred $14.7 billion of servicing rights in the third quarter.
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