FHFA eyes assumable and portable mortgages, raising questions for lenders
Bill Pulte said this week that the Federal Housing Finance Agency (FHFA) may allow Fannie Mae and Freddie Mac to offer assumable or portable mortgages.
Mortgage Servicing
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Stewart acquires MCS’s mortgage services business for $330 million
Stewart Information Services Corp. has entered into an agreement to acquire the mortgage services of property preservation provider Mortgage Contracting Services (MCS) for $330 million.
Guild sees Q3 revenue surge to $307.4M ahead of Bayview transaction
Ahead of its Bayview transaction, Guild Holdings posted a Q3 2025 revenue of $307.4 million, up from $279.4 million in Q2 2025.
Pennymac posts Q3 profit of $181M, fueled by servicing strength
PennyMac Financial Services reports a 33% profit increase in Q3 2025, driven by strong revenue growth and strategic initiatives.
Exclusive: CrossCountry Mortgage CEO unveils organic growth strategy
Rather than pursuing mergers and acquisitions to strengthen its origination and servicing platforms, the company has focused on organic growth by acquiring mortgage servicing rights (MSRs) and building an asset management arm
Who keeps the borrower? A deep dive into servicer retention
Data from ICE Mortgage Technology shared with HousingWire offers a deep dive into servicers’ performance at keeping a borrower in their books after a refinance transaction.
Cypress Loan Servicing settles foreclosure case for $2M
Cypress reached a $2 million settlement with the Massachusetts AG over alleged violations of foreclosure prevention and consumer protection laws.
PennyMac, the top dog in correspondent, says its broker business is booming
PennyMac said that over 5,100 brokers are approved to do business with the lender, up 19% year over year.
After the Bayview deal, what’s the refi strategy for Guild Mortgage?
Guild LOs said they have yet to receive any guidance on how the two platforms would collaborate after the deal closes.
HUD walks back prior default guidance as too ‘burdensome’ for mortgage servicers
A new mortgagee letter said that some of the Biden administration’s final servicing guidance was too “burdensome,” resulting in changes.