Nonbank servicing of agency MBS has nearly doubled since March 2014…

All of the receivables were originated through the retail channel…

There are some in the industry who believe the entire subservicing sector is far behind in technology and customer service – and is ripe for a technology disruption of a major kind.

The Department of Veterans Affairs has withdrawn a recent directive to provide lender-certification disclosures as part of early disclosure requirements for Interest Rate Reduction Refinance Loans (IRRRLs).

Now comes the big question: How many more MB Financials are out there?

The upside for private MIs is that their purchase business started off 2018 at a more robust level than last year…

The Department of Veterans Affairs is close to issuing a final anti-churning rule to better protect veterans from predatory lending practices as well as developing an end-to-end system to monitor loan performance from origination to servicing.

The agency issued $92.58 billion in MBS backed by forward mortgages during the first three months of 2018.

Bright said actions Ginnie has taken send a clear message to the industry and to investors that it is intent on eliminating the problem.

The bulk portfolio has ultra-low delinquencies…