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Home » Topics » IMFnews » Servicing

Servicing
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A $1 Billion Borrowing Line For PennyMac’s REIT

December 30, 2024
Paul Muolo
The collateral entails Fannie Mae mortgage servicing rights owned by PennyMac...
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MBA Calls for Clarification of FHA Rental Income Proposal

December 27, 2024
Monica Hogan
The MBA supports the new FHA proposal but wants more information on whether lenders need to keep additional reserves on hand.
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Short Takes: Housing Supply on the Rise / Mortgages in Forbearance Up / Rates Need to Decrease More to Encourage Refi Wave

December 27, 2024
James Dohnert
Housing supply is up 12% year-over-year.
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Delinquencies Hit Three-Year High; Foreclosures Remain Contained

December 26, 2024
James Dohnert
ICE said that delinquencies have risen on a year-over-year basis for six consecutive months.
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Warehouse Financiers Hungry for Warehouse Credits

December 23, 2024
Paul Muolo
Western Alliance Bancorp, Phoenix, appears to be one of the largest lenders in the space.
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Interest Rate Outlook Shifts Following Fed’s Rate Cut

December 19, 2024
Brandon Ivey
After projecting four rate cuts for 2025 at their September meeting, members of the Federal Open Market Committee now project only two rate cuts next year.
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Larger Banks Boost Mortgage-Banking Earnings in 3Q

December 19, 2024
Namrata Bhatia
JPMorgan Chase had the most profitable mortgage-banking operation in the third quarter, with $633.0 million of income.
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FHA Proposal Aims to Increase Servicer Liquidity

December 19, 2024
Monica Hogan
FHA is considering reimbursing servicers for tax and insurance advances earlier in the default process.
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Short Takes: Fannie Expects Steady CRT Issuance / Housing Starts Increase / Home Sales Slower Than Expected / Moody’s Affirms Assessment of Mr. Cooper

December 19, 2024
Brandon Ivey
Fannie Mae projects that its issuance of credit risk transfer transactions in 2025 will be similar to issuance in 2024.
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CFPB Sets ATR Requirements for PACE Loans

December 18, 2024
Shannon Clark
The final rule establishes ability-to-repay requirements for Property Assessed Clean Energy loans.
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