Chase was the only servicer among the top five to have its nonprime mortgage servicing portfolio shrink between the fourth and the first quarters.

Some planned MSR sales are being scrapped because the seller has the MSR marked at a higher level than the highest bid.

This year, MSR sales could drop to $500 billion, still a great year historically speaking...

Fannie economists now only expect one rate cut by the Fed this year, possibly in December.

The mortgage delinquency rate declined to 3.04% as of the end of May, down from 3.09% at the end of April, according to Intercontinental Exchange.

Sutherland and NOVAD formed a servicing operation in 2014 to service HECMs on behalf of HUD.

The groups noted that the availability of property insurance in California is declining and prices are rising.

J-T Gaietto, chief operating officer at ConvergentDS, a firm that helps assess cyber risks, said obtaining cybersecurity insurance “isn’t the easiest thing to accomplish.”

Home prices are slowing and an expected decline in interest rates could prompt further changes in the trajectory of home prices.

The Mortgage Bankers Association quarterly performance report found similar, though somewhat bleaker, results.