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Home » Topics » IMFnews » Servicing

Servicing
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HUD Secretary Carson Grilled by the HFSC

May 22, 2019
George Brooks

Asked to explain about debenture interest curtailment penalties and why servicing FHA nonperforming loans is more expensive than those of the GSEs, Carson replied: “I have not had that discussion. I will look it up.”


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Short Takes: Profiting from GSE Reform / REO v. OREO / Hey, Did You Know What the Hippocampus Is, Wise Guy? / FHA Recovery Rates Can Vary / Chimera Preps New MBS Deal

May 22, 2019
Paul Muolo

In some reporting circles, OREO stands for "other" real estate-owned...


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Worried About Credit Risk? Stick to Retail

May 22, 2019
John Bancroft

In the first quarter of 2019, the average credit score for retail production was 725.97, 7.3 points higher than the average for correspondent production...


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Falling Rates, a Thorn in the Side of MSR Sales

May 22, 2019
Paul Muolo

Mark Garland, executive vice president of MountainView Financial Solutions, is a firm believer that interest rates will stop declining at some point and the MSR sales machine will pick up a head of steam.


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Mortgage Industry Digests Calabria’s Remarks. No Details (Yet) on Recap & Release

May 21, 2019
Paul Muolo

FHFA Director Mark Calabria: "For instance, we are actively reviewing all recent expansions into new markets and activities to put an end to the era of charter creep."


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Short Takes: HUD on Regulatory Reform / Shrinking Not on the Table / AGNC Investment / MSR on Bid / Foreclosure Activity Down

May 17, 2019
Yemeng Yang
Trade Groups talk with HUD and Ginnie on Regulatory Reform...
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The Trend Continues: Delinquencies Keep Falling

May 17, 2019
Brandon Ivey
The good news continues: residential delinquencies keep falling...
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Struggling Ditech Goes Dark on Most Future SEC Filings

May 16, 2019
Paul Muolo
Ditech management is calling it a day on filing 8-Ks, 10-Qs and the like as its shares trade for pennies on the dollar...
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Sources: Bids Due on Ditech Financial by Month’s End

May 15, 2019
Paul Muolo

Under supervision of the court, the Ditech franchise continues to operate, originating loans and servicing mortgages.


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Jumbo Servicing Continues to Gain, Except at Wells and JPM

May 14, 2019
Brandon Ivey
Ocwen posted a huge gain in jumbo servicing, but only because of its acquisition of PHH Mortgage...
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Latest Imf News

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