Servicing

This move is in addition to the recent notice filed by the Department of Housing and Urban Development about its interest in creating a permanent 40-year option.

Servicing gains failed to offset steep origination declines at the bank, which continues to battle allegations of racial discrimination.

The big threat to the mortgage banking community comes from any future Fed sales of mortgage-backed securities.

The Texas-based company aims to increase customer retention, offering borrowers amenities like flexible payment options through a self-serve vendor system.

The gain on sale from first quarter originations increased as the bank shifted more volume share to the higher-margin channel.

California Attorney General Rob Bonta and 21 other AGs urged the Consumer Financial Protection Bureau to include consumer costs for certain mortgage payment services in a review of "junk" charges.

Even though the majority of forbearance plans have ended, late payments continued their downward trend in January.

Lakeview Loan Servicing is facing eight class action lawsuits from borrowers who claim the company was negligent in protecting their information, including Social Security numbers.

The numbers suggest depositories are finding it easier than non-depositories to qualify their borrowers for foreclosure prevention programs as forbearance recedes.

But it was the second-most successful year ever for IMB originations since the Mortgage Bankers Association began collecting this data in 2008.