Short Takes: The Challenge Ahead / Fitch: The MSR Gravy Train May End / FoA, What’s Left? / A Blackstone Company / More Cuts at AO October 12, 2022 Paul Muolo Finance of America went public at $10.00 a share in the spring of 2021, courtesy of its owner, the Blackstone Group...Read More
Late Court Rulings Set Stage for Fairholme-FHFA Trial October 11, 2022 Dennis Hollier The case is headed to trial soon...Read More
Does Ginnie Need a Permanent (Emergency) LOC for its Issuers? October 11, 2022 Monica Hogan Ginnie President Alanna McCargo said the industry is “facing some serious headwinds.”Read More
Market Chatter: Might loanDepot be a Takeover Target? October 11, 2022 Paul Muolo Where does loanDepot go from here?Read More
GSE MSR Portfolio Just Shy of $1B Hits the Market October 11, 2022 Paul Muolo The portfolio has a delinquency rate of 0.93%...Read More
Short Takes: Still on the Market: Mortgage CEO’s $26.5M Condo / A Slight Uptick in Refis / Seed Money for Investor-Lender / Invitation’s Hurricane Damage? / Escrow Interest Case October 11, 2022 Paul Muolo and Sam Manas VC money is still available for some lenders...Read More
A Decline in Market Share for High LTV GSE Loans October 10, 2022 Brandon Ivey The tightening on LTV ratios could be tied to home price trends.Read More
The Mystery Surrounding Rushmore’s MSR Contracts October 10, 2022 Paul Muolo Rushmore’s contract base is nothing to sneeze at...Read More
Home Point Continues to Shed Assets October 10, 2022 Paul Muolo The sale gets the Michigan-based wholesaler out of the reverse mortgage game...Read More
Ambac’s Countrywide MBS Lawsuit Ends With $1.8 Billion Settlement October 10, 2022 Brandon Ivey The ghost of Countrywide rises once again. Overall, Ambac was seeking damages of more than $3.0 billion from BofA...Read More
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