Servicing

Southeast impairments run 150 bps above other regions and alt-doc loans are up 200+ bps since 2025, while DSCR and full-doc improve. Time to review overlays.

Explicitly including estimates of recapture in MSR valuations puts FASB at risk of mixing apples with oranges by combining a cash-flow based valuation with a completely speculative assumption, writes the Chairman of Whalen Global Advisors.

Larger public companies' high-profile servicing acquisitions tend to get the spotlight, but the two top leaders in the Ginnie MSR market are quieter players currently run as private companies.

The agreement expands the top-5 bank servicer's relationship with the technology company, claiming it brings its full portfolio to the MSP platform.

Servicers may need to use some of their less common risk management tactics rather than solely relying on borrowers holding significant equity, Andy Walden said.

The guidance reflects a mortgage servicing rights market that has broadly included the customer value in refinancing for over a decade, experts say.

GSE loans between 30 and 59 days late on their payments saw a 13 basis point rise in delinquency rates, while most non-agency MBS types saw annual increases.

A new report reveals the toll delinquency runups took on two states with FHA concentrations, and ways mortgage companies can reduce these types of concerns.

Besides promoting Sridhar Sharma to CEO from president, the company named Andrew Bon Salle, ex-Fannie exec, as its new chairman, both replacing Chris Marshall.