CFPB Proposes Mortgage Servicing Changes

The Consumer Financial Protection Bureau yesterday proposed a set of rule changes it said are intended to help prevent “avoidable foreclosures” as emergency federal foreclosure protections expire.

Troubled Commercial Mortgage Loan Triage: A Special Servicer Roundtable

With the ebb and flow of 2020 market disruption in the rearview mirror and the vaccine rollout in full swing, MBA NewsLink checked in with two special servicers, a rating agency servicer analyst and Freddie Mac asset management chief to explore what is happening in commercial/multifamily markets, where different parts of the commercial real estate finance ecosystem are today and factors driving the outlook for agency and non-agency CMBS sectors.

Andrew Foster: Top Five Commercial Mortgage Servicing Issues to Watch in 2021

While most will be monitoring increased infections and the progress of vaccine distribution and effectiveness, loan servicing and asset management professionals will have some additional factors impacting their organizations and books of business in the new year.

MBA: 3Q Mortgage Production Volume Spurs Strong IMB Profits

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $5,535 on each loan they originated in the third quarter, up from $4,548 per loan in the second quarter, the Mortgage Bankers Association reported Thursday in its Quarterly Mortgage Bankers Performance Report.