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Home » Topics » Inside The GSEs » Servicing

Servicing
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Freddie Sees 3Q21 Growth Spurt, Bulk MSR Deals Up

October 29, 2021
John Bancroft
Fannie still has a substantially larger amount of single-family servicing outstanding, but Freddie grew its book significantly faster in the third quarter. Bulk MSR transfers accounted for some big shifts in the GSE servicing market. (Includes two data charts.)
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Fannie Updates Policy on Unrecorded Assignments

October 29, 2021
Dennis Hollier
The enterprise will use limited powers of attorney to handle unrecorded assignments for non-MERS loans.
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FHFA Orders Eviction Moratorium Extension Amid Broader Moves

August 6, 2021
Dennis Hollier
Landlords are challenging the more-targeted ban, saying it still illegally deprives them of their ability to collect rents.
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Nonbanks Still Pulling GSE Servicing Train in 2Q21

July 23, 2021
John Bancroft
Nonbank servicers used the MSR secondary market and organic growth to boost their portfolios of Fannie and Freddie servicing. There was also a surge in GSE servicing among smaller banks. (Includes two data charts.)
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Lower Courts Wrangle with SCOTUS’ Collins Decision

July 23, 2021
Dennis Hollier
Plaintiffs manage to find legal ammunition in what most Supreme Court observers believe was a slam dunk victory for the government.
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FHFA Expands Post-Moratorium Relief

July 9, 2021
Dennis Hollier
With the end of forbearance in sight for millions of borrowers, FHFA adds more protections for homeowners impacted by the pandemic.
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Fannie Tweaks Servicing Rules to Simplify Processes

June 25, 2021
Dennis Hollier
Fannie Mae alerts servicers to upcoming changes regarding how it will process payments and reimbursements.
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FHFA Holds Second Small Lender Listening Session

June 11, 2021
Dennis Hollier
Small lenders believe the GSEs should offer special programs for small servicers and rural appraisals. And like their larger competitors, they don’t like the new PSPAs.
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Nonbanks Help Freddie Gain Share in 1Q21 GSE Servicing

April 16, 2021
John Bancroft
A number of nonbanks added significantly to their Freddie servicing portfolios during the first quarter, raising the industry's stake to over half of the market. Meanwhile, delinquency rates fell sharply in early 2021. (Includes two data charts.)
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Nonbanks Take Lead in GSE Servicing Market in 4Q20

January 22, 2021
John Bancroft
A number of top nonbank servicers saw significant increases in their Fannie/Freddie servicing portfolios, while most big banks saw declines. The GSE market continued to fragment. (Includes two data charts.)
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