Servicing

Lenders have focused on front-end cost differences since key secondary market players opened up the option, but what happens when a problem emerges down the road is worth weighing too.

Other factors have become more influential as refinance speeds have fallen to a more than 20-year low, according to Black Knight's Mortgage Monitor report.

Current forbearance volumes have returned to pre-COVID levels among loans held at Fannie Mae and Freddie Mac, a Fed study found.

The government-sponsored enterprises will likely have their mainstay bonds exempted from the potential securitization-related rule, but their credit-risk transfers could be subject to it, some experts say.

The company reported an $80 million loss for the three-month period on mortgage servicing rights declines but $26 million in net income for the year.

But full year net income was more than double that for 2021, helped by an exchange of Dun & Bradstreet stock for the remaining equity in Optimal Blue.

Overall, depository share has shrunk, but the major player, which had reduced its involvement, has been increasing it and recently shared some thoughts with a HUD official.

New starts increased for the fourth month in a row, but are still below pre-pandemic numbers, according to Black Knight's preliminary figures.

This line item has risen to its highest point since 2019, according to the Mortgage Bankers Association.

The agencies are referencing the discontinued Department of Veterans Affairs' partial claim program and Ginnie Mae's PTAP as they build out new permanent initiatives.