National Mortgage News (Servicing) RSS

• CFPB proposes end to pandemic servicing requirement

  The rule rescission, one of many the Consumer Financial Protection Bureau is planning, would officially remove temporary steps for mortgages added in 2021.

• Rocktop buys Incenter Capital, expecting robust MSR market

  Rocktop Management anticipates rising loan origination volume and increasing borrower distress, driving more servicing sales — key reasons behind its acquisition of Incenter Capital Advisors.

• Mortgage profits near break-even, but costs still climb

  Servicing profit offset origination losses for some companies, but more than 40% were unprofitable, according to the Mortgage Bankers Association.

• Chase Home Lending CEO on AI, growth, and market volatility

  Sean Grzebin discusses his plans to leverage JPMorgan Chase's massive consumer audience to pick up mortgage market share.

• Servicers: Fannie Mae replatforming some workout functions

  The government-sponsored enterprise is retiring a technology platform used for loan workout reporting and giving mortgage companies a deadline for leaving it.

• VA foreclosures surge to 5-year high

  Numbers jumped after the expiration of a moratorium at the end of 2024, but rates of foreclosure rose across all loan types, the Mortgage Bankers Association said.

• Mortgage bankers ask OMB to end or revise several rules

  Some policies the industry group is calling for the Office of Management and Budget to definitively rescind have already been pulled back to some degree.

• GOP tax bill prioritizes Trump campaign vows, increases SALT

  In a draft version of the tax bill released on Monday, House Republicans highlighted the president's populist priorities in a package that would enact those cuts through 2028.

• Wells Fargo sued for denying borrower COVID-19 loss mit

  In April 2025, the bank admitted that it may have made a mistake in denying the plaintiff forbearance.