Megabanks topped the list of GSE servicers in the first quarter of 2022, but they continued to lose market share to nonbank servicers. (Includes two data charts.)
Early comments suggest widespread concern that the proposed increases in liquidity and capital requirements for GSE seller/servicers are unnecessary and maybe counterproductive.
Almost all the temporary seller flexibilities FHFA put in place because of the pandemic have either been retired or incorporated into the normal selling guides.
The lawsuit brought by fair housing organizations focused on Fannie Mae’s maintenance and marketing of its real estate-owned properties, that is, homes acquired through foreclosure.
Nonbanks continued to gobble up market share among GSE MBS servicers, jumping from a 50.3% share a year ago to 56.2% at the end of 2021. (Includes two data charts.)
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