MSR

The acquisition of the Ditech forward mortgage business will double New Residential's year-to-date origination volume in the fourth quarter alone, and further double that next year.

From discussing the future of mortgage tech to discussing the ever-churning tides of political policies, here's a preview of the big issues, topics and ideas when the industry gathers in Austin, Texas, for the Mortgage Bankers Association's Annual Convention & Expo.

The unexpected rise in refinancings during the third quarter affected mortgage industry business results in a mostly positive fashion for the period.

BSI Financial's chief executive weighs in on changes in the interest rate environment, the evolution of digital mortgage servicing and natural disasters.

Many mortgage servicers are still relying on spreadsheets to manage their tasks, rather than looking to automation as a problem solver.

Origination volumes continued to drift upward at JPMorgan Chase and Wells Fargo in the third quarter as mortgage servicing rights values fell more sharply than some analysts expected.

National Cooperative Bank is starting a conduit to purchase Federal Housing Administration-insured mortgages that are at least 60 days' delinquent with the aim of turning them back into performing loans.

The Federal Housing Finance Agency is ending a Freddie Mac pilot that posed a competitive threat to the private market for mortgage servicing rights financing.

While many lenders lately managed their business expecting reduced volume, now they get to capitalize on extremely low mortgage rates. But today's benevolent conditions will not always be with the industry.

A federal judge in Florida dismissed the Consumer Financial Protection Bureau's lawsuit against Ocwen Financial Services, stating the agency improperly asserted an excessive number of claims without specifying the particular count to which they applied.

Home equity lenders expect origination activity to remain dreary through next year even though consumers can potentially access more proceeds now than in 2006, a Mortgage Bankers Association survey found.

Damage from Hurricane Dorian's storm surge has the potential to affect 668,052 homes, according to CoreLogic's latest analysis. Reports estimate a worst-case total of $144.6 billion in reconstruction cost value.

Independent mortgage bankers reported their highest average profit per loan originated in almost three years, benefiting from a large drop in production expenses, the Mortgage Bankers Association said.

Wide short-term swings in interest rates — and loan prepayments — that we've all witnessed have serious secondary effects on consumers, lenders, investors and also policymakers.

With long-term interest rates at historic lows, mortgage refinancing is coming on strong. But that additional revenue may not be enough to offset net interest margin pressures and lost servicing income.

An $8 billion mortgage servicing rights package consisting of newly originated conforming loans is up for bid, according to broker Incenter Mortgage Advisors.

Lower interest rates and improved gain-on-sale margins helped Impac Mortgage Holdings record its first profitable three-month period since the first quarter of 2018.

Freedom Mortgage's planned purchase of J.G. Wentworth Home Lending would add 570 employees and 35 offices across 46 licensed states and increase the acquirer's servicing portfolio by $6 billion.

Mr. Cooper Group reported a second-quarter net loss of $87 million as the company took a $231 million fair value hit to its mortgage servicing rights portfolio.