JMP said it sounds like “these actions” by the GSEs “primarily targeted nonbank wholesale channel lenders, of which UWM [United Wholesale Mortgage] and HMPT are among the largest.”

The agency noted, “A few servicers were outliers, reporting relatively higher average time to answer and abandonment rates.”

Black Knight: “While some borrowers will elect to leave forbearance early between now and their final expiration, servicers are still facing significant operational challenges"...

Commercial banks could, once again, become big players in the GNMA MSR market but few find that likely...

The proposed legislation has passed both chambers of the New York Assembly and awaits the governor’s consideration.

HFPC is urging FHA to offer a more flexible option whereby servicers can use a portion of the partial claim to reduce a borrower’s monthly payment, dollar for dollar...

Ginnie early buyout activity has been rising steadily since early 2020, right before the pandemic struck.

On the origination side of the ledger, issues with loan applications decreased 7.0% to 1,613...

The 10 bps is passed onto the borrower in the form of a higher note rate. Trade group officials argue that wealthy homeowners generally do not use GSE loans, so they're exempt from the fee.

In April, the government had proposed extending the effective date of the final rules by 60 days to allow stakeholders affected by the pandemic more time to review and implement the requirements but public comments did not support an extension, the CFPB said. Most industry commenters said they would be ready to comply by Nov. 30.