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Home » Topics » IMFnews » Servicing

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Nonbanks Dominate in Bulk MSR Sales, A Stunning Reversal for Ginnie Transfers

February 6, 2019
Paul Muolo
In years past, Ginnie MSR sales have lagged because of concerns tied to agency acknowledgement agreements…
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What We’re Hearing: Craig Phillips, the ‘Ax’ / What We Talk About When We Talk About GSE Reform / Next Up: Meetings on Capitol Hill / Time for Treasury to Hire an Investment Banker? / Keeping an Eye on loanDepot / More VC Money for Better Mortgage

February 1, 2019
Paul Muolo
And some point, it stands to reason that the U.S. Treasury Department would hire an investment banking firm with a specialty in Washington matters to assist in a recap and release plan…
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Sen. Crapo Releases GSE Reform Outline. Is it DOA?

February 1, 2019
Dennis Hollier
Under the Crapo plan, the multifamily business of Fannie and Freddie would be sold to the highest bidder...
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Mortgage Servicing Market Grew More Top Heavy Late Last Year

January 31, 2019
John Bancroft
Wells Fargo, the nation’s largest home lender and servicer, saw its MSR portfolio shrink by 1.6 percent on a sequential basis…
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Trump Political Operative Named FHFA Chief of Staff

January 31, 2019
Dennis Hollier
The appointment is effective February 4...
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Otting’s Appointment at FHFA May Be Illegal

January 31, 2019
Dennis Hollier
Should the White House have picked one of three deputy directors instead?
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White House Issues Statement on GSE Reform, Says it Will Work with Congress

January 30, 2019
Paul Muolo
The White House: “Housing finance reform is a priority for the administration … At this time, no decisions have been made on any reform plan. As part of the process, however, the administration will work with Congress…”
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Court Rules Fannie Is Not a Credit Reporting Agency

January 30, 2019
Dennis Hollier
In the Zabriskes’ case, the foreclosure was a short sale that had been miscategorized…
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Mortgage Gripes Filed with the CFPB Fall to a New Low

January 29, 2019
Yemeng Yang
Servicing practices attracted the most mortgage-related complaints, accounting for almost half, Inside the CFPB found…
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Freddie MBS (Servicing) Grew Faster Than Fannie Sector in 2018

January 29, 2019
John Bancroft
And although trendlines varied significantly among the top-ranked processors, the overall migration of GSE servicing to nonbanks continued last year.
Read More
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