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Home » Topics » IMFnews » Servicing

Servicing
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Higher Originations, Lower Net Earnings for Mr. Cooper. MSR 'Mark' at 100 BPs

February 23, 2021
Paul Muolo

Mr. Cooper originated $24.5 billion of mortgages, a handsome 56.2% improvement from 3Q20.


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Ocwen’s Overseas Headcount Declines Year-Over-Year

February 22, 2021
Paul Muolo

Ocwen: “Of our foreign-based employees, more than 70% were engaged in our servicing operations"...


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A Sequential Setback in 4Q20 but Banks Post Stellar MB Income for FY

February 21, 2021
John Bancroft

The final lap brought year-to-date earnings to $22.52 billion, a 66.3% gain from 2019.


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IPO-Bound Lender Selling ‘Flow’ MSRs

February 18, 2021
Paul Muolo

At a time when servicing values are firming up, Caliber is looking to sell product...


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A Sequential Profit Drop for loanDepot but Shares Rally

February 18, 2021

Talk about a rollercoaster ride: loanDepot came out at $14 a share last week and at one point almost reached $40.


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AZ Bank in $1 Billion Deal to Buy Nation's Third Largest Correspondent Lender

February 16, 2021
Paul Muolo

Back in fall, the privately held AmeriHome announced its intentions to go public.


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Forbearance Tally Lowest Since April of Last Year

February 16, 2021
Paul Muolo

MBA cited improvements in Fannie Mae/Freddie Mac and Ginnie Mae loans as the driver behind the better readings.


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FHA/VA Foreclosure and Eviction Moratoriums Extended Once Again

February 16, 2021
Maria Volkova

The new timeline moves the moratorium's expiration from March 30 to June 30...


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Short Takes: loanDepot's Stock Rises / Average G-Fee Declines / UpEquity Raises $25 Million / Forbearance Share Declines

February 12, 2021
Brandon Ivey

loanDepot's stock jumped more than 50% on its first day of trading after the nonbank downsized its IPO.


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Delinquencies Decline Across the Board in Fourth Quarter

February 12, 2021
Brandon Ivey

Time-based measures of delinquency rates showed slight declines during the fourth quarter of 2020, as did the foreclosure rate, according to Inside Mortgage Finance's large servicer delinquency index.


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