Loan Removals From Ginnie MBS Up Sharply in 2024 February 27, 2025 Namrata Bhatia Borrower payoffs reflect heavy refinance activity in the Ginnie program.Read More
UWM’s Originations Slip in 4Q, Margins Decline February 26, 2025 Brandon Ivey Even with the lower margin, UWM boosted its net income, helped by improvements in the value of mortgage servicing rights.Read More
State Servicing Standards Gain Traction. Coverage Nears 99% February 25, 2025 Shannon Clark Oversight standards are moving forward, despite the deregulatory bent of the Trump administration.Read More
FHA Probationary Workers Cut, Ginnie Approvals May Slow February 18, 2025 Paul Muolo Some servicing advisors believe that, at the very least, Ginnie approvals on sale of MSRs will slow.Read More
$52 Billion of MSRs Up for Grabs. Well, Maybe... February 18, 2025 Paul Muolo At yearend, UWM owned roughly $229.5 billion of MSRs.Read More
Mortgage-Banking Income Steady at Depositories in 4Q24 February 18, 2025 John Bancroft Earnings reports from 26 publicly traded banks show just over half reported gains in mortgage-banking income from 3Q to 4Q.Read More
Delinquency Rates Rise in 4Q February 14, 2025 James Dohnert Rates were up across all default categories in the fourth quarter of 2024.Read More
Aided by Flagstar Purchase, Strong 4Q Showing for Mr. Cooper February 12, 2025 Paul Muolo Mr. Cooper originated $9.3 billion of residential loans in the fourth quarter, a 37% sequential improvement.Read More
Another Senior Hire for Cenlar: Former Banker JB Long February 11, 2025 Paul Muolo It’s unclear what Long’s role will be at Cenlar. He worked at EverBank for 25 years.Read More
Nonbanks Add Servicing in 4Q, Banks Pull Back February 7, 2025 Brandon Ivey Mr. Cooper ended the year with an estimated $1.52 trillion in servicing volume.Read More
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