Slow Growth for Most Subservicers. A Shakeup Ahead? December 6, 2022 Paul Muolo Three of the nation’s top 15 subservicing vendors are in the process of being sold or merged...Read More
Mortgage Servicers Focus on Enriching Customer Relationships December 6, 2022 John Bancroft Annaly's Ken Adler noted that the mortgage business is in largely unchartered territory...Read More
Short Takes: Home Point Unloads Ginnie MSRs… / And More / A Decline in Home Values / Why? / loanDepot Loses Another Executive December 6, 2022 Paul Muolo October brought a month-over-month decline in home prices...Read More
Servicing Paddles Harder to Keep Lenders Afloat in 3Q December 5, 2022 John Bancroft Three of the 22 companies reported net losses on production...Read More
Brokers Push for Removal of GSE Cash-Out Fee December 5, 2022 Dennis Hollier NAMB also believes the timing of the increase is poor...Read More
Securities Professionals Applaud SEC Relief on Disclosure Rule December 5, 2022 Namrata Bhatia The Structured Finance Association lauded the SEC’s decision...Read More
Phoenix Out With Another MSR Deal, This One Top-Heavy With NY Product December 5, 2022 Paul Muolo The bid deadline is Dec. 6...Read More
Who Bought Angel Oak's Non-QM Loans? An Investor Based in Atlanta... December 2, 2022 Paul Muolo The loans sold for 83 cents on the dollar. Par is 100...Read More
REITs Report Small Gain in Residential MBS in 3Q December 2, 2022 John Bancroft Annaly remained the top REIT MBS holder with $81.88 billion at Sept. 30...Read More
Guild Buys $1.7 Billion-a-Year Midwest Originator December 2, 2022 Paul Muolo It’s believed to be one of the first “franchise” M&A deals by a publicly traded mortgage company during the downturn...Read More
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