IMFnews

January 9, 2019

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Servicing Sales to Boom in Early 2019, IMBs Need Cash

“The only way to get through that is to sell assets – and for many of them that means mortgage servicing rights,” Steve Harris of MIAC told Inside Mortgage Finance. Read More

Signs of Life in the MH Market: AZ Servicer of Manufactured Housing Loans Receives Rating, MBS Issuance Likely

Cascade services $1.3 billion of product… Read More

FHA Tells Servicers to be Lenient Toward Furloughed Federal Workers and Contractors

The FHA handbook states that servicers can receive a “financial incentive” for offering forbearance... Read More

Angel Oak Expects Sustained Non-QM Growth in 2019

The non-QM market is booming, said Angel Oak executive Tom Hutchens… Read More

Short Takes: UWM Removes LLPAs on Certain Loans / New Mortgage Applications Come Roaring Back / Tempering Optimism with a Government Shutdown / Seterus’ Leslie Peeler? / Complaints Registered

Four years ago, Leslie Peeler, the Fannie Mae senior vice president in charge of the GSE’s servicing decisions, left the mortgage giant for Seterus. Read More