Mr. Cooper, which ranks third among servicers, pinned the MSR shrinkage on prepayments as borrowers refinanced into loans offered by competitors...

Travel-related savings are starting to add up for lender/servicers...

Loans in the $570.2 million MBS were originated by Citadel Servicing Corp. and have seasoned for an average of 20 months.

Among the allegations: Low VA Rates advertised loan terms that it wasn’t actually prepared to offer. The agency said the nonbank has mailed millions of mortgage advertisements to consumers since January 2016.

First Guaranty Mortgage Corp. restarted its Maverick non-QM program and New Residential Investment plans to resume non-QM lending shortly.

After pulling back from correspondent lending during 2Q20 amid market volatility, New Residential sharply increased its loan purchases in the third quarter...

Kirstin McMullen, chief financial officer of The Money Source: “Since March, we have all made so much cash, so it’s certainly less stressful"...