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Home » Topics » IMFnews » Servicing

Servicing
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Mortgage Servicing Market Heats Up as Bidders Line Up

October 7, 2021
Paul Muolo
Firms that made big bets by purchasing bulk product in the secondary market earlier in the year are already sitting on gains.
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Rocket Issues New Debt, Buys Back Old Debt

October 7, 2021
Paul Muolo
The debt market isn't open for every nonbank, at least at a decent price...
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Climate Risk Models Prove Challenging for Lenders

October 6, 2021
According to Sean Becketti, there are varying levels of confidence in how much climate change factors into different types of weather-related events...
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loanDepot’s Share Price Drifts Southward as Lender Faces Additional Scrutiny

October 4, 2021
Paul Muolo
Among originators, loanDepot ranks sixth, among servicers 22nd...
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It's Official: Senate Confirms Chopra as CFPB Director

October 1, 2021
Brandon Ivey
Chopra’s installation at the CFPB is expected to jumpstart rulemaking and enforcement efforts by the regulator. At his confirmation hearing in March, Chopra said his priorities include scrutiny of how mortgage servicers work with distressed borrowers.
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Residential Housing Debt Cracks the $12 Trillion Mark

September 30, 2021
John Bancroft
Nonbank mortgage processors serviced $4.977 trillion of securitized home loans as of June 30, up 2.4% from March and hefty 20.2% gain from a year ago.
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As the Calendar Turns, Servicing Values Head North

September 30, 2021
Paul Muolo
Looking to lop off some of your MSRs? You're in luck...
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Another $6 Billion Worth of MSRs Hit the Market

September 29, 2021
Paul Muolo
Prestwick is selling a $2.0 billion portfolio of Fannie/Freddie and Ginnie Mae-backed servicing rights.
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$6B of Ginnie MSRs Up for Grabs, An EBO Angle As Well

September 28, 2021
Paul Muolo
Loan-level data is available to bidders who sign a non-disclosure agreement...
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More COVID Tools: FHA Seeks Feedback on 40-Year Loan Modification

September 28, 2021
Monica Hogan
Fannie Mae and Freddie Mac already offer 40-year loan modification terms.
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