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Another Bulk Deal Hits the MSR Auction Circuit

May 26, 2021
Paul Muolo

MSR brokers are a busy bunch these days...


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Mixed Reviews on the CFPB's Proposed Halt in Foreclosures

May 26, 2021
Lisa Burden

Quicken, the nation’s fifth largest mortgage servicer, said consumers would benefit if processors are provided additional time and flexibility to evaluate borrowers facing hardships past the expiration of the eviction moratorium...


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Trading in Agency MBS Dips. A Canary in a Coal Mine?

May 26, 2021
Paul Muolo

On a sequential basis, trading fell 8.04% and was off fractionally from the same month a year ago.


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Non-Agency Jumbo Sector Gains Market Share

May 26, 2021
Brandon Ivey

Jumbos accounted for 9.2% of all home originations in the first quarter, an increase from 8.9% in 4Q20.


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Ocwen Agrees to Buy More MSRs in a Red-Hot Servicing Market

May 25, 2021
Paul Muolo

Ocwen is buying MSRs at a time of rising interest in the asset class...


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FHFA Warns FHLBanks About Agency CMBS

May 25, 2021
Dennis Hollier

The FHFA’s focus on agency CMBS is curious because, as the bulletin explains, these securities typically have significant prepayment protection clauses that aren’t available on residential MBS.


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FHA Clarifies COVID-Related Loss-Mitigation Options; Exams Ahead?

May 25, 2021
Maria Volkova

FHA is dedicating resources to servicing oversight and enforcement in the COVID and post-COVID era. In sum, servicers should expect lending monitoring exams to be scheduled in the coming months.


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UWM Quickly Packages Conforming Jumbos into Non-Agency MBS

May 24, 2021
Brandon Ivey

KBRA noted that UWM is "appropriately staffed on production and control functions to handle its present growth relative to increased volume."


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Up for Grabs: Almost $52 Billion Worth of MSRs

May 24, 2021
Paul Muolo

We know of $52 billion worth of MSR deals out there. There's probably more...


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VA Share Hits a Jaw-dropping 60% of Government Market

May 24, 2021
John Bancroft

Back in 2015, the mix was reversed: FHA accounted for 60% of the FHA/VA market.


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