For nonbank servicers, “the future looks good,” according to S&P Global Ratings. Industry analysts note that nonbank servicers have improved their servicing practices and they could be helped by rising interest rates. While servicing volume among nonbanks boomed in the years after the financial crisis, S&P said the firms hadn’t made adequate adjustments to how borrowers are treated. “Many nonbanks previously exhibited, in our view, a more ‘consumer finance’ mentality to servicing ...

Silvergate Bank is actively providing warehouse lines of credit to non-QM lenders and we understand that Comerica is now sticking its toe in the water…

Wedbush estimates that originations will fall by 8.0 percent this year…

The CMBS transactions with the highest potential exposure are collateralized by shopping malls and office properties in Northern Virginia...

Flagstar Bank and Shellpoint Mortgage Servicing had significant increases in their jumbo servicing portfolios over the past year…

Annaly may use the proceeds to fund additional acquisitions of mortgage servicing rights…

As one source put it: “Blackstone wants you to make it big or you’re gone.”

The selling institution is described as a mortgage banking firm with a west coast concentration...

Both these MSR portfolios have low note rates…

Jerry Selitto, president of Better Mortgage: “We continue to hire and we just opened our second California office in Irvine…”