New York Community Bancorp has its third CEO in less than two weeks.

State agencies established a set of mortgage and exam programs through the State Examination System.

Mortgage borrowers' obligations for property taxes and insurance are rising and interest rates are projected to fall, a foreboding combination for MSR investors.

Effective immediately, Ginnie issuers must notify the agency of any cybersecurity incident within 48 hours after the issue is detected.

VA processed 2,244 loan assumptions in 2023, compared with 308 in the previous year.

Servicers retained only about 20% of borrowers that refinanced their mortgages during the fourth quarter of 2023.

Rather than hedging MSRs, UWM relies on its origination capabilities and sells some MSRs.

The Supreme Court heard oral arguments Tuesday on whether states can require banks to pay interest on funds held in servicing escrow accounts.

Banks' income from mortgage banking operations declined by 24.6% in the fourth quarter.

UWM's margins declined slightly in the fourth quarter but, for the full year in 2023, were well above the level seen in 2022.