Mr. Cooper Sees Room for Growth With Subservicing April 24, 2025 Brandon Ivey Mr. Cooper's subservicing declined during the first quarter of 2025 as some customers left following Mr. Cooper's acquisition of Flagstar Bank.Read More
Amerant Bank Retreats on Mortgage Lending April 24, 2025 Brandon Ivey The bank will shift from lending in 30 states to focusing on customers in its branch network in Florida.Read More
Chase Brings Two Prime Non-Agency MBS April 24, 2025 Brandon Ivey Only three other prime non-agency MBS have hit the market this month.Read More
Short Takes: Sales of New Homes Increase / No Questions for Mr. Cooper / Loss on Sale to A&D / Hsieh’s Monthly Expense Reimbursement April 24, 2025 Brandon Ivey Sales of new homes increased on both monthly and annual bases in March.Read More
Mr. Cooper’s Servicing Portfolio Shrinks in First Quarter April 23, 2025 Brandon Ivey The bulk of the first-quarter decline was in subservicing.Read More
Waterstone Settles Poaching Lawsuit With Mutual of Omaha April 23, 2025 Brandon Ivey The settlement contributed to a pre-tax loss of $2.2 million for Waterstone’s mortgage unit in the first quarter of 2025.Read More
New Issuers of Home Equity Loan Securitizations April 23, 2025 Brandon Ivey Mr. Cooper Group and Angel Oak Companies are separately marketing their first securitizations of home equity loans.Read More
Short Takes: Applications Fall / Fannie Selling NPLs / DSCR Non-Agency MBS April 23, 2025 Brandon Ivey Interest rates on mortgages increased by nearly 30 basis points during a two-week span.Read More
Pulte Touts Future Stability, Growth at GSEs April 22, 2025 Brandon Ivey Since he was appointed by President Trump as FHFA’s leader, Pulte has revamped board membership at the GSEs and fired Freddie’s CEO.Read More
Lending, Margins Decline at Western Alliance in 1Q April 22, 2025 Brandon Ivey The bank’s gain-on-sale margin declined from 21 basis points in the fourth quarter to 19 bps in the first quarter.Read More
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