Mortgage Servicing Insights and Challenges

This chapter explores the mortgage servicing landscape, emphasizing the benefits of low conditional prepayments and the competitive rivalry among traditional servicers. It discusses the impact of rising interest rates on companies like Rocket Mortgage and examines the complexities surrounding government-sponsored enterprises, Fannie Mae and Freddie Mac. Additionally, the chapter addresses the broader implications of banking regulations and their political influences, highlighting concerns about the Consumer Financial Protection Bureau's structure.