During the early days of the pandemic, mortgage rates dropped, reducing the value of mortgage servicing rights. This month, while tariff-related volatility prompted spreads on agency MBS to widen, lenders selling loans were helped by rising rates, which increase the value of MSRs.

FCC warns scammers are successfully impersonating mortgage companies; Rocket begins first phase of rebrand; household growth expected to slow; MBA expands college program; Lower acquires technology vendor; MTC increases transparency on MSR valuations; Voxtur Analytics considering a sale; automated loan mod offering.

SFA seeks feedback on data tape standards for prime non-agency MBS; MCT plans to use FICO 10 T scores for whole loans and MBS sold through its platform.

The largest mortgage asset exchange will bring trended data to hundreds of lenders and investors.

The new offering allows for a cash-out refi with an LTV ratio near 90% without borrower-paid mortgage insurance.

Lenders continue to make bulk purchases to offset runoff in their portfolios and make up for anemic originations. However, demand for MSRs could be near a peak, according to industry analysts.

The Federal Reserve’s push to run MBS off of its balance sheet may cause interest rates to stay high even after quantitative tightening measures cease.

While securitizations are often the best execution for Ginnie Mae loans, small and mid-sized GSE lenders will typically prefer the cash window.

Steve Pawlowski, a key player in Fannie Mae’s technology development, has moved to Mortgage Capital Trading.