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Home » Topics » IMFnews » Servicing

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Subservicers Continue Their Strong Growth in 3Q

December 22, 2020
Paul Muolo

A boon to subservicers: small- to medium-sized lenders hanging onto their MSRs...


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Few Mortgage-Related Provisions in Stimulus Bill Passed by Congress

December 22, 2020
Brandon Ivey

Missing in action: assistance to help servicers with MBS advances...


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Forbearance Inches Northward, Trouble in the GNMA Sector

December 21, 2020
Paul Muolo

Forbearance requests from FHA/VA borrowers reached their highest level since the week ending June 14, MBA said...


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Short Takes: Nonbanks Face the (GSE) Music on Liquidity Requirements / MBA is Not Happy / Hope? / Citi Goes English-Only / Freddie Official Hired by the CFPB

December 21, 2020

MBA criticized the secretive nature of the rule change, arguing that by using lender letters, the maneuver short-circuited the normal comment period…


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CFPB Settles with ‘Successor’ to Seterus Over Loss Mitigation Work

December 18, 2020
Paul Muolo

At one point, the IBM-controlled Seterus did contract servicing work for Fannie Mae...


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Credit Unions Move a Step Closer to Investing in MSRs

December 18, 2020
Brandon Ivey

Credit unions are currently prohibited from purchasing MSRs as an investment. The proposal was opposed by the Democrat on the NCUA's board.


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A Mortgage M&A Boom in 2021 or Wishful Thinking?

December 17, 2020
Paul Muolo

This year, mortgage bankers were making too much money and pushed aside the thought of selling. Next year might be a different story...


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Trouble Ahead as 30-Day Delinquencies Rise on Agencies

December 17, 2020
John Bancroft

Although early-payment delinquency rates were up across the board, they remained significantly lower than six months ago.


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Subservicers Continue Their Strong Growth, but For How Long?

December 17, 2020
Paul Muolo
Subservicers continue to benefit from the keep-and-hold strategy being employed by small- to medium-sized shops. (Includes data chart.)
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Coming to the MSR Market Soon: Credit Unions as Buyers?

December 16, 2020
Brandon Ivey

A proposed rule regarding credit unions and MSRs is scheduled to be discussed late this week at an NCUA board meeting.


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