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Home » Topics » IMFnews » Servicing

Servicing
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Mr. Cooper Selling Off its Reverse Mortgage Servicing Business

July 6, 2021
Brandon Ivey
The sale of the Champion Mortgage reverse mortgage servicing portfolio allows Mr. Cooper to focus on its core business and improve profitability.
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Short Takes: Home Price Appreciation at 2005 Levels / Forbearance Rate Flat / Many Borrowers Extending / Saluda Grade Capital Raise

July 6, 2021
Brandon Ivey
Annual home price appreciation in May hit a level last seen in 2005...
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CFPB Takes a Look at Asian American and Pacific Islanders in the Mortgage Market

July 2, 2021
Lisa Burden

Home Point’s Shares Test 52-Week Low, Nonbank Targeted by Law Firm

July 1, 2021
Paul Muolo
Hell hath no fury like a shareholder who's sitting in a pool of red ink. Then again, the mortgage industry has seen these type of lawsuits before...
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FHFA Drops LTV Restrictions on Loan Modifications

June 30, 2021
How many consumers will seek a modification due a COVID hardship remains to be seen. Forbearance readings continue to drop...
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Short Takes: Still in the Cards: A Government-Run Credit Bureau? / CFPB Cites Legal Violations / Office Locations a Problem / Foreclosure Issues Too

June 30, 2021
Lisa Burden
The CFPB says most mortgage branches are located in predominantly white neighborhoods...
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The Second-Lien Slump Continues...

June 24, 2021
It’s not uncommon for home-equity lending to take a back seat when first-lien refinancing is running hot but the refi market appears to be waning...
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One ‘Final’ Extension on Home Foreclosures from Uncle Sam

June 24, 2021
Maria Volkova
The Department of Housing and Urban Development, VA, and the U.S. Department of Agriculture are expected to reveal additional plans in July, offering new payment reduction options designed to allow more homeowners to stay in their homes.
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Slipping Away: Jumbo Servicing Balances?

June 23, 2021
Brandon Ivey
Flagstar Bank stood out with a 25.2% jump in jumbo servicing.
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A Trip to the Debt Well for Freedom Mortgage

June 22, 2021
Paul Muolo
With rates headed south once again, debt issuance by nonbanks could get one last run...
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Latest Imf News

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Featured Data

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