ICE’s Matt Dowd: MSP updates are ‘just a foundation’ for AI journey
ICE’s Matt Dowd said that the MSP update goes beyond aesthetics, positioning MSP to streamline high-frequency workflows.
Mortgage Servicing
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Bank capital relief may not quickly shift mortgage market dynamics
Regulatory changes to how banks treat mortgage assets — anticipated this week by Federal Reserve Vice Chair Michelle Bowman — may have an impact on the mortgage market over time, analysts said.
Mortgage escrow misconceptions persist as payment amounts rise
Most homeowners are surprised by escrow payment increases, with 62% citing higher property taxes as the cause.
Exclusive: Pennymac to acquire subservicing giant Cenlar for $257.5M
Pennymac’s first M&A deal adds 2 million loans and expands its mortgage servicing to more than $1 trillion in unpaid principal balance.
PennyMac reports Q4 profit of $107M as origination growth offsets MSR runoff
PennyMac’s Q4 2025 net income reached $106.8M as higher mortgage production offset servicing income declines from prepayments.
US foreclosure filings rise 14% in 2025 as FHA borrowers face greater risk
U.S. foreclosure filings rose 14% in 2025 to 367,460 properties, but they remain 87% below the 2010 peak, according to ATTOM data.
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.
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.