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Home » Topics » IMFnews » Servicing

Servicing
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Shellpoint Remains Top Non-Agency MBS Servicer

November 9, 2023
James Dohnert
Shellpoint topped the ranking for the fourth consecutive quarter....
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Guild Stays Profitable in 3Q

November 9, 2023
James Dohnert

A gain-on-sale increase helped Guild boost its earning compared to the second quarter.


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Earnings Improve at UWM, Aided by MSRs

November 8, 2023
Paul Muolo
UWM transferred $14.7 billion of servicing rights in the third quarter.
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loanDepot Working to Cut More Costs Amid Losses

November 8, 2023
Paul Muolo
The nonbank is working on another round of cost-cutting measures.
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Earnings Decline for Ocwen, Growth Plans Ensue

November 7, 2023
Paul Muolo
Ocwen management estimates its book value is $58.00 per share.
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Short Takes: Banks See Weak Demand, Tighten Underwriting / FHA Extends Waiver on Face-to-Face / MFA Takes Loss / HELOC Securitization

November 7, 2023
Brandon Ivey
Demand for mortgages from banks declined in the third quarter and many banks further tightened underwriting.
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Large Servicers Gain Market Share in Third Quarter

November 3, 2023
John Bancroft
The combined servicing portfolio of the top 50 servicers grew at more than double the rate of increase for total servicing outstanding in the third quarter.
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Rocket’s Profits Decline in Third Quarter

November 3, 2023
Brandon Ivey
Production was essentially level compared with the second quarter and margins improved.
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Large GSE Servicers Growing Via Acquisitions

November 2, 2023
Dennis Hollier
Acquisitions helped boost Mr. Cooper to the third largest GSE servicer as of the end of September, up from number eight in the ranking as of the end of June.
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Mortgage-Banking Income at Banks Increases

November 1, 2023
John Bancroft
Among a group of 26 banks, mortgage banking income increased by 9.9% in the third quarter.
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