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Home » Topics » IMFnews » Servicing

Servicing
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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.
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FHA Revises Proposal on Servicing Defect Taxonomy

July 11, 2024
Brandon Ivey
The proposal includes six defect areas through the servicing life cycle and remedies for each defect area.
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Short Takes: Treasury Hosts Title Insurance Meeting / HELOC Securitization From Figure / Inflation Declines / Foreclosure Activity Slows

July 11, 2024
Brandon Ivey
The meeting will help the Treasury’s Federal Insurance Office as it considers policy options on title insurance.
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Federal Regulators Moving Toward Re-Proposal on Bank Capital

July 10, 2024
Brandon Ivey
The Mortgage Bankers Association applauded the Fed chair's comments revealing the plan.
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Investor Borrowers Pose Some Challenges for Servicers

July 10, 2024
James Dohnert
Investors act differently than owner-occupants in terms of servicing-related decisions.
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Cherry Hill Moves Toward Internal Management

July 9, 2024
Brandon Ivey
The move would mean breaking from the external management by Cherry Hill Mortgage Management, which is owned by Stanley Middleman, CEO of Freedom Mortgage.
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VA, Mortgage Servicers Work Through VASP Implementation

July 8, 2024
Monica Hogan
The initiative serves as a last resort for the servicer...
Read More
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