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Home » Topics » Inside Mortgage Finance » Servicing

Servicing
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A Very Busy New Residential Posts a Smaller Profit

July 26, 2018
Paul Muolo
In early July, the REIT closed on its previously announced $190 million purchase of Shellpoint Partners, an acquisition that includes mortgage banking firm New Penn Financial.
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New MSR Offerings from IMA, MIAC and Phoenix Capital

July 26, 2018
Paul Muolo
IMA is working on two flow deals that could net the buyer upwards of $100 million a month in new product...
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Short Takes: How Sweet a GSE Profit? / Put it in the ‘Lockbox’ / The Guessing Game on Watt’s Successor Continues / A Record for Guild Mortgage / A Big Quarter for Radian

July 26, 2018
Paul Muolo
Should Fannie/Freddie profits be put in a government lockbox?
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Short Takes: 25 Comments So Far on GSE Capital / Count Stegman and DeMarco Among Them / A FHFA Director Candidate? / China Changes Gears on U.S. RE / Large Georgia Bank Buys Florida Depository

July 25, 2018
Paul Muolo and Carisa Chappell
Among those weighing in on GSE capital: Michael Stegman, senior fellow at the Milken Institute, and former FHFA Acting Director Ed DeMarco...
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Industry Trade Groups Want Consumers to Contact Firms First, Not the CFPB

July 25, 2018
Yemeng Yang
“Customers are more promptly and efficiently served when they contact their financial institution directly with a concern,” said the American Bankers Association…
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MSR Market Still Hot but Quieter Times May Lie Ahead

July 25, 2018
Paul Muolo
Some MSR investors are suffering from "buyer exhaustion," said one deal maker...
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Flagstar Posts Decent Originations but Expresses Concern About GOS

July 25, 2018
Paul Muolo
At June 30, Flagstar serviced $120.3 billion in home mortgages, but 77.5 percent of that represents subservicing contracts…
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Concerns Resurface About GSE ‘Charter Creep’; MBA Gets Vocal

July 24, 2018
Paul Muolo
But AEI researchers weren’t the only ones throwing bombs…
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Mortgage Complaints Filed with the CFPB Plunge. Wells Still #1

July 24, 2018
Yemeng Yang
In terms of consumer ire, Wells Fargo was the complaint market leader…
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Nonbanks Continue Gaining Share in GSE Servicing Business

July 23, 2018
John Bancroft
The top grower in the nonbank world was Freedom Mortgage, which upped its GSE servicing by $19.36 billion, 29.7 percent…
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