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Home » Topics » IMFnews » Servicing

Servicing
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MSR Transfers Slow in 2Q, Lag Activity Seen in 2024

July 21, 2025
John Bancroft
There was a sharp 20.6% decline in transfers of high-coupon MSR exceeding 6%.
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Large Sequential Gains for Origination Bellwethers JPM and Wells

July 15, 2025
Paul Muolo
KBW noted the GOS margin at Wells fell sharply to 45 bp in 2Q25, down 45 bp quarter over quarter...
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As Earnings Season Starts, Some Concerns About Originations

July 14, 2025
Paul Muolo
KBW said of UWM, "while the shares remain inexpensive, we see limited positive catalysts with rates remaining range-bound at current levels.”
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Advocates Say VA Borrowers Need More Than Partial Claims

July 14, 2025
Emmeline Willey
The Center for Responsible Lending said loss-mitigation offerings need to reduce monthly payments to avoid foreclosures.
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Interest Rate Outlook Murky Following Tax/Spending Bill

July 11, 2025
Paul Muolo
With the federal deficit set to increase, there are fears that the 10-year Treasury rate will rise.
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Short Takes: OCC Head Confirmed / FHA Delays Deadline for Phishing-Resistant Change / Westcor Added to Fannie Title Acceptance Pilot / UWM Invests in Bilt / Panorama Mortgage Group Launches Wholesale Unit

July 11, 2025
Brandon Ivey
Jonathan Gould was the senior deputy comptroller and chief counsel at the OCC during the latter half of the first Trump administration.
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Short Takes: FICO’s Reaction / Applications Increase / FHA Foreclosure Moratorium in Texas County / Fannie Selling NPLs / Still Retiring From PulteGroup

July 9, 2025
Dennis Hollier and Brandon Ivey
FICO's stock price took a hit after the FHFA announced that the GSEs will immediately accept VantageScore 4.0.
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CFPB’s Guidance Recissions Hit Snag in Court

July 8, 2025
Shannon Clark
A judge allowed the CFPB to withdraw its amicus brief to the extent the brief discusses now-withdrawn advisory guidance but denied the bureau’s request to strike the brief from the docket.
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Short Takes: Employment on Shaky Ground / U.S. Citizen Share of Mortgage Lending Rising / Home Sales Slowing / New Wholesale Option for RTLs

July 8, 2025
Brandon Ivey
Some 29% of households surveyed by Fannie Mae in June said they were concerned about potentially losing their jobs, up from a 22% share in May.
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Piper’s Mid-Year Take on Mortgages: No Normalcy Yet

July 2, 2025
Paul Muolo
Piper: "The primary-secondary spread has averaged 1.06% in 2Q25, below the 1Q25 average of 1.12%."
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