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Servicing

Servicers offer support as nonagency gets more competitive

Secondary markets, Servicing /

The wide-ranging nonagency mortgage market is giving traditional lenders more reasons to consider branching out into it, according to servicers supporting these strategies. Processing Content “Certain types of nonowner-occupied GSE loans that are agency deliverable now trade better in the nonagency space,” said Michael Yanniello, chief operating officer, head of portfolio oversight and operations, Onity […]

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White House reportedly set home investor size sought in ban

White House reportedly set home investor size sought in ban

Capital markets, Housing markets, Industry News, Politics and policy, Servicing /

Former US President Donald Trump speaks during a news conference following a meeting with Senate Republicans at the National Republican Senatorial Committee (NRSC) office in Washington, DC, US, on Thursday, June 13, 2024. Trump’s brand on Wall Street, once tarnished by the US Capitol attack and his bombastic political rhetoric, has made a near-full recovery,

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Property tax relief fintech attracts M capital raise

Property tax relief fintech attracts $50M capital raise

Mortgage technology, Property taxes, Servicing /

Ownwell, a fintech platform designed to assist homeowners with property tax appeals, completed a Series B round, the latest 2026 funding announcement for companies focused on finding homeownership savings.  Processing Content The $50 million raise for the Austin, Texas-based company included $30 million of equity in the round, which was led by Alpha Edison and

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Is more servicing M&A coming? Here’s what executives say

M&A, Servicing /

Mortgage consolidation continued full steam at the start of 2026 with Pennymac’s purchase of Cenlar’s subservicing business, but executives at an industry conference this week had mixed views on its outlook and pace going forward. Processing Content Last year’s megadeal combination of Rocket and Mr. Cooper slowed M&A activity temporarily at one point, David Sheeler,

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TransUnion sees mortgage market normalizing

Credit, Distressed, Economy, Originations, Servicing, TransUnion /

Consumers are reengaging with the mortgage market, signaling a return to normality in 2026, TransUnion said. Processing Content Mortgage originations rose 6.5% year over year to 1.3 million in the third quarter of last year, but at the same time, the percentage of borrowers 60 or more days delinquent increased to 1.51% in the fourth

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Recapture rate is up as loan performance splits: MBA Servicing

Economic news, Servicing /

Rising refinance recapture and a widening split in borrower performance are redefining the servicing outlook, speakers at a Mortgage Bankers Association conference in Dallas said Wednesday. Processing Content The latter, which has stemmed from what’s been referred to as a K-shaped economy, is “a tale of a few stories or maybe substories,” Joel Kan, deputy

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FHA, Ginnie Mae, VA manage loan performance, affordability

Politics and policy, Servicing /

Officials responsible for mortgages that are directly government-backed weighed in on how they’re looking to address borrower affordability and performance risk amid policy change at the Mortgage Bankers Association’s servicing conference. Processing Content Federal Housing Administration Commissioner Frank Cassidy called his agency’s insurance-fund capital ratio “very strong” and hinted that a premium cut or other

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MSRs in focus as Fed rethinks Basel III rules

Marketing, Secondary markets, Servicing, Underwriting /

Federal Reserve discussions about relaxing Basel III capital treatment of mortgage servicing assets could make MSRs more attractive for banks, but early analysis points to limited near-term market impact. Processing Content Comments from Federal Reserve Vice Chair for Supervision Michelle Bowman on Monday indicated the Fed was discussing removing the requirement to deduct mortgage servicing

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Fairway, NAIFA reverse mortgage training targets financial advisors

Home equity loans, Originations, Reverse mortgages, Servicing /

Home Mortgage, is launching a new program to help financial professionals integrate home equity into retirement planning.   Processing Content The training, offered exclusively to NAIFA members, focuses on the ethical and strategic use of housing wealth, including reverse mortgages, in retirement planning for clients 55 and older, the organizations said in a press release Tuesday.

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