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The Big Decision: How Large of a Markup for MSRs?

October 21, 2021
Paul Muolo
Commercial banks cranked up the value of their servicing portfolios in the third quarter, but not dramatically. Soon, we’ll find out how the nonbanks viewed the same asset.
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Nonbank's Mortgage Servicing Share Just Shy of 60%

October 21, 2021
John Bancroft
Commercial banks continue to show no love for MSRs, except for JPMorgan Chase...
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What Animates Fannie’s Actions: ESG, COVID-19 and George Floyd

October 21, 2021
Dennis Hollier
Fannie CEO Frater: “If you think about what we do and how we actually help people, we’re actually more set up to be ESG companies than may other companies that you might think of as ESG companies.”
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An Earnings Drop for Warehouse Bank TCB

October 21, 2021
Paul Muolo
TCB has jettisoned key mortgage assets this year but remains a solid player in warehouse finance...
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Non-QM Originator Newfi Agrees to a Sale. Others?

October 21, 2021
Paul Muolo
Originators of non-qualified mortgages are pondering sale offers from yield-hungry investors. Who’s in the driver’s seat? Right now, the originators are.
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Mortgage Tech Vendors Jump into the M&A Race

October 21, 2021
Monica Hogan
CoreLogic this week completed its purchase of ClosingCorp., while SimpleNexus wrapped up a deal to buy LBA Ware.
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Grapevine: Waiting on an LLPA Trim / No Masks / Mike Who?

October 21, 2021
Paul Muolo
Rocket Mortgage seeks to up its game in broker lending. Meanwhile, all quiet on the Mike Calhoun/FHFA front.
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Ginnie MBS Loan Removals Gliding Toward Normalcy

October 20, 2021
John Bancroft
However, removals for loan modification or foreclosure processing edged up 2.2% to $11.14 billion in the third quarter.
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Head Start on Higher Loan Limits Could Cause Complications for LOs

October 20, 2021
Brandon Ivey
Loan officers looking to take advantage of the higher limits will have to jump through some hoops...
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Rocket Moves to Up Its Game in the Broker Channel. Greater Access to RE Agents?

October 20, 2021
Paul Muolo
The move comes as the origination market shifts from refis to purchase-money lending.
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