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
Short Takes: About That Housing Bubble / Which States? / Reserve Accounts? / Stop Moping and Start Selling / Cornerstone Completes Acquisition October 10, 2022 Paul Muolo Too much demand and not enough supply meant no housing bubble. Both those days are in the rearview...Read More
One More Squeezing of the MSR Grapes? Looks That Way October 7, 2022 Paul Muolo Some market watchers worry about how liberal the 3Q22 MSR "marks" might be...Read More
Non-QM Demand Varies, Creating Profitability Hurdles October 7, 2022 Brandon Ivey “Activity has been increasing," said LoanNEX's Eloise Schmitz...Read More
loanDepot’s Capital Markets Chief Continues to Sell Shares October 7, 2022 Paul Muolo Like most home lenders, loanDepot is in the throes of right-sizing its operations...Read More
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