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Home » Topics » IMFnews » Servicing

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Former GNMA President Tozer Urges White House to Pick a GNMA Chief (Now)

August 27, 2021
Paul Muolo
Some servicing brokers have suggested to IMFnews the RFI, in some cases, has caused buyers of Ginnie servicing rights to reduce the value of their bids.
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Green Shoots: Investor Agrees to Buy $13B of MSRs

August 27, 2021
Paul Muolo
MSR offerings won’t get frothy until mortgage lender/servicers, especially those of the publicly traded variety, feel the heat from company owners — and investors — to keep the earnings gravy train going...
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Industry Gears Up for In-Person Conferences. Risks?

August 27, 2021
Monica Hogan
Risk tolerance? Certain companies may adjust the number of people they send to annual conventions as their internal guidelines shift...
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The (Large) Servicer Delinquency Rate Falls to 4.56%

August 26, 2021
Brandon Ivey
Residential delinquencies declined across different buckets, led by borrowers who were more than 90 days past due...
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The Final Tally: Nonbank Earnings Plummet as Margins Shrink in 2Q

August 25, 2021
John Bancroft
Nonbank earnings season is over. The bottom line: profits fell, but that was to be expected. The big question: Where do we go from here?
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Home Point Hit With Multiple Downgrades by Fitch. MSRs May Be Sold

August 25, 2021
Paul Muolo
The nonbank is contemplating selling some of its MSRs...
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Banks Change Course and Add Servicing-for-Others. However...

August 24, 2021
John Bancroft
Federally insured depositories reported $3.088 trillion of servicing-for-others at June 30, mostly representing loans residing in MBS trusts...
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The Coming Mortgage M&A Tsunami?

August 23, 2021
Paul Muolo
The mortgage industry has seen this movie before...
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More Ginnie Mae MSR Deals Find Their Way to Market

August 23, 2021
Paul Muolo
The Prestwick offering has collateral is located in 30 states, with Texas and Arkansas homes leading the pack. Bids are due Sept. 8.
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United Wholesale Planning to Accept Cryptocurrency for Mortgage Payments

August 17, 2021
Brandon Ivey
Some lenders have allowed borrowers to use cryptocurrency to make downpayments or as part of the calculation of a borrower’s assets, but none appear to allow monthly mortgage payments with bitcoin yet.
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