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Home » Topics » IMFnews » Servicing

Servicing
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Forbearance Level Increases for First Time in More Than a Year

July 23, 2024
Brandon Ivey
The forbearance level only increased by 2 basis points from May, but it was the first increase in forbearance since October 2022.
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2Q24 Reveals an Increase in FHA/VA Delinquencies

July 22, 2024
Monica Hogan
The last time FHA loan delinquencies were this high? The fourth quarter of last year. Before that, you'd have to go back to 2Q20...
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Depository Share of Mortgage Servicing Declines Again in 2Q

July 19, 2024
John Bancroft
The bank share of agency servicing fell to 34.5% as of the end of June.
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Originations Increase at Western Alliance in Second Quarter

July 19, 2024
Brandon Ivey
The bank’s gain-on-sale margin from mortgage production declined slightly.
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Mortgage Groups Seek More Time on CFPB Servicing Proposal

July 18, 2024
Shannon Clark
A week after the CFPB released proposed updates to Regulation X servicing standards, mortgage industry groups are seeking more comment time on the proposal.
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Data Exchange Proposed to Help Decrease Lenders’ Costs

July 18, 2024
Shannon Clark
The proposal, published by Andrew Davidson, seeks to create a platform where regulators, investors, mortgage servicers and more would share their own data and receive access to the broader pool of data, in an effort that could decrease costs and improve attempts to aggregate mortgage data.
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US Bank Boosts Originations, Sells Some MSRs

July 17, 2024
Brandon Ivey
Originations increased by 32.5% in the second quarter.
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MSR Owners Ramp Up Hedges With Rate Cut Expected

July 17, 2024
Paul Muolo
What’s surprised Dan Libby, a senior vice president at Mortgage Industry Advisory Corp., is that hedging inquiries from MSR owners have not come sooner.
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Short Takes: Another CES Securitization From Rocket / HUD Plans Changes to Loan Sale Program / FHFA Sets Protections for Renters / Outlook for Cornerstone Servicer Rating Turns Positive

July 15, 2024
Brandon Ivey
With the new securitization, Rocket's non-agency issuance of closed-end second liens will hit $2.19 billion for the year.
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CFPB Issues Proposed Rule on Servicing Standards

July 11, 2024
Shannon Clark
The proposal has some positives and some negatives for servicers.
Read More
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