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Home » Topics » Inside The GSEs » Servicing

Servicing
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Large Firms Grow Share of GSE Servicing Market in 4Q

January 26, 2024
Dennis Hollier
The shifting volumes of the nation’s top servicers reflect MSR strategies in the tight mortgage markets since the Fed began raising rates. (Includes two data tables.)
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Updated Guides Include New Income Calculation Tool

December 22, 2023
Dennis Hollier
Freddie clarifies how servicers should handle COVID-19 flex modifications for borrowers who recently became delinquent. Fannie announces a tool to compute the monthly income of self-employed borrowers.
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Freddie Mac Updates Default Management Solution

November 10, 2023
Dennis Hollier
Servicers should see several enhancements to Freddie’s Resolve platform and its APIs, including a dashboard they can use to manage their pipeline and track charge-offs.
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Consolidation in the Mortgage Space Drives MSR Sales

October 27, 2023
Dennis Hollier
The flurry of bulk sales of mortgage servicing rights continued into the third quarter, helping shift market share in the GSE market to larger firms. (Includes two data tables.)
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GSEs Provide Details on Reps-and-Warranty Relief

October 27, 2023
Dennis Hollier
Fannie Mae and Freddie Mac released details on FHFA’s new policy of extending natural disaster-related reps-and-warranty relief to mortgagees impacted by the pandemic.
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Freddie Multifamily Updates Due Diligence Requirements

October 27, 2023
Dennis Hollier
Freddie takes steps to ensure its older multifamily housing stock is in adequate repair. This is particularly crucial for properties in affordable housing programs.
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Freddie MF Exec Signals Stronger Focus on Property Maintenance

September 29, 2023
Dennis Hollier
Servicers will be expected to continuously evaluate properties for early warning signs of life safety hazards or deferred maintenance.
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Fannie Intervenes in AmeriFirst Bankruptcy

September 15, 2023
Dennis Hollier
Fannie tells court AmeriFirst has no property interest in its mortgage servicing rights.
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GSEs Delay Fee Disclosure Requirements on UCD

September 15, 2023
Dennis Hollier
High failure rates for lenders trying to implement new edits to certain fee disclosure requirements in Phase 3B of the Uniform Closing Database persuaded Fannie and Freddie to postpone those changes.
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Fitch Affirms Freddie’s Commercial Servicer Ratings

September 1, 2023
Dennis Hollier
As of March, Freddie was named master servicer for 180 securitized transactions comprised of 11,500 loans with a combined unpaid principal balance of $44.1 billion.
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