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Home » Topics » IMFnews » Servicing

Servicing
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Usually an MSR Buyer, Freedom Decides to Sell a Little

August 19, 2024
Paul Muolo
Servicing transfer figures compiled by Inside Mortgage Trends show that last year Freedom purchased roughly $44.3 billion of bulk MSRs...
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More MSR Deals on the Horizon?

August 19, 2024
Paul Muolo
The MSRs include loans from Kentucky, Georgia and 22 other states...
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Early-Stage Delinquencies Up; Serious Delinquencies at 40-Year Low

August 16, 2024
Brandon Ivey
The seriously delinquent rate fell to 1.01% at the end of June.
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Lenders Make Plans to Recapture Borrowers With Refis

August 15, 2024
Brandon Ivey
Servicers have cited investments in technology to better track when a borrower might refinance, and investments in call center operations to complete the refis.
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Short Takes: ‘Soft Landing’ Still Possible / Neutral Housing Market / Pending Home Sales Decline / Newrez Launches Emergency Fund for Employees

August 15, 2024
Brandon Ivey
The economy is looking somewhat stronger than expected, based on data released Thursday.
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Banks’ Mortgage Earnings Steady in Second Quarter

August 14, 2024
John Bancroft
Among 26 public commercial banks, 17 took losses on their mortgage business in the second quarter.
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UBS Selling Mortgage Servicer SPS for Breakeven Price

August 14, 2024
Brandon Ivey
Select Portfolio Servicing handled servicing on mortgages with an unpaid principal balance of $166.70 billion as of the end of June, according to estimates by Inside Mortgage Finance.
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Short Takes: New Mortgage Reinsurer / Rocket Consistent With CES Securitizations / DSCR Loans in Non-Agency MBS / Growing Through Selling Servicing

August 13, 2024
Brandon Ivey
Skyward Specialty Insurance Group launched a mortgage reinsurance business.
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Still No Word on When the OCC Might Lift Cenlar's Sanctions

August 12, 2024
Cenlar is still the nation’s largest subservicer by a considerable margin...
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Guild Reduces Losses From Originations in 2Q

August 9, 2024
Brandon Ivey
The nonbank’s origination unit took a $3.1 million loss in the second quarter after a $24.2 million loss the previous quarter.
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Latest Imf News

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