Cart

Inside Mortgage Finance

October 31, 2024

View Archived Issues

Large Nonbank Servicers Gain Share in Third Quarter

Mr. Cooper Group, already the largest primary servicer, increased its servicing volume by 2.8% during the third quarter while the amount of servicing outstanding grew by 0.8%. (Includes three data charts.) Read More

Economic Data Show Cup Half Full for Mortgage Market

Economist and former PIMCO CEO Mohamed El-Erian says the U.S. economy is the cream of the crop in the developed world. And the prospects for housing finance are also looking up. Read More

FHFA Launches New Efforts to Reduce Costs at GSEs

The FHFA announced an expansion of Freddie Mac’s pilot program that uses a fee-based structure as an alternative to repurchases of defective but performing loans. Read More

Open Banking Rule to Impact Mortgages Now and Later

The final rule doesn’t apply to mortgage companies, but the CFPB is considering a future rulemaking tied to the mortgage industry. For now, the new rule could help mortgage lenders approve more borrowers. Read More

Mortgage Servicers Eye Homeowner Insurance Risks

Lenders and servicers face increasing risks related to rising property insurance costs. Read More

MBA Proposes Major Changes to RESPA Regulations

The trade group’s general recommendations focus on changes to marketing services agreements, digital marketing and lead generation. Read More

Nonbanks Much Stronger Than Banks on Recapture

Why might some MSR buyers pay more for recent higher-coupon portfolios than their peers? They’re confident they can recapture the customer when a refi is “in the money.” Read More

MSR Buyer Inks Deal With Nonbank for Recapture

Rice Park Capital Management signed a deal with Rosegate Mortgage to provide home financing opportunities to customers of Nexus Nova, which owns MSR on Rice Park’s behalf. Read More

Todman Rallies Lenders to Support First-Time Homebuyers

HUD’s acting secretary said many younger Americans don’t believe they will have the same housing opportunities as their parents. Read More

Latest Imf News

More Imf News

Featured Data

More Featured Data

Featured Reports

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

View Results