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Home » Topics » IMFnews » Servicing

Servicing
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There Goes the Mini Refi Boom?

October 21, 2024
Paul Muolo
Sales of MSRs have been slow, but some owners of MSRs could decide to unload a portion of their holdings...
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Western Alliance Boosts Originations in 3Q, Revenue Down

October 18, 2024
Brandon Ivey
While production increased, mortgage-banking revenue at Western Alliance declined by 31.0%.
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Short Takes: Update on Mr. Cooper’s Acquisition of Flagstar Assets / Home Sales Slow in CA / Interest Rates Up Again / FHLBanks Boost Affordable Housing Contributions

October 18, 2024
Brandon Ivey
Flagstar is on track to sell its mortgage servicing business and third-party origination business to Mr. Cooper Group during the fourth quarter.
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Ginnie Eyes Resources to Support Loan-Level Issuance

October 16, 2024
Monica Hogan
Ginnie Mae Acting President Sam Valverde said loan-level securitization could help liquidity.
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Wells Fargo’s Cuts to Mortgage Staff Level Off

October 14, 2024
Brandon Ivey
Wells originated $5.5 billion of mortgages through the retail channel in the third quarter of 2024, down 14.1% from the third quarter of 2023.
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Short Takes: Radian Back With Jumbo MBS / Refi Share at Wells / PHH Servicer Ratings Affirmed / New Issuer of Home Improvement ABS

October 14, 2024
Brandon Ivey
An affiliate of Radian Group is marketing its second jumbo MBS.
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Agency Servicing Tops $9.0 Trillion in Third Quarter

October 11, 2024
John Bancroft
Total servicing tied to agency single-family mortgage-backed securities rose to $9.004 trillion as of the end of September.
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Short Takes: Still No Capital Re-Proposal / Winner of NPL Auction / Compliance Dataset From MISMO / NYMT Back With IPL MBS

October 11, 2024
Brandon Ivey
No indication yet from federal regulators on when a planned re-proposal of capital requirements for large banks will be issued.
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Foreclosures Decline in Third Quarter; Many Alternatives

October 10, 2024
Brandon Ivey
Foreclosure activity declined by 2% in the third quarter of 2024 compared with the previous quarter.
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Trended Credit Data Offers New Insights on MBS Performance

October 10, 2024
Monica Hogan
Andrew Davidson & Co. used data on credit use, balance and payment across time and multiple loan types to garner a comprehensive view of consumer financial behavior.
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Latest Imf News

  • Refi Lending Spikes in 4Q, Purchase Mortgages Slow

  • Delinquencies Climb During Fourth Quarter, Led by FHA

  • GSEs Getting Aggressive With Cash Window Pricing

  • Onity’s Earnings Helped by Release of Tax Valuation Allowance

More Imf News

Featured Data

  • FHA Delinquencies Rise to Pandemic Levels

  • Expanded-Credit MBS Issuance Slows in 4Q

  • New Nonbank Servicing Giant Emerges in Fourth Quarter

  • January Ushers In New Year With Modest Gain in MBS

More Featured Data

Featured Reports

  • Mortgage Servicing Rights Report: 3Q25 (PDF)

  • IMF Mortgage Directory: Full interactive database

  • Agency Seller-Issuer Profile: 3Q25 (PDF)

  • IMF HMDA Dashboard: 2024

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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