A $1.5 Billion GSE MSR Offering Hits the Street January 9, 2023 Paul Muolo The loans have an average age of 34 months.Read More
Lenders Strategize to Get Through a Tough First Half January 5, 2023 Paul Muolo Industry veteran Paul Rozo said his company, PRMG, is playing "the long game"...Read More
A Bulk Auction of Fannie/Freddie Product January 3, 2023 Paul Muolo The average size of the New York/New Jersey loans is $493,729...Read More
In the Market for MSRs Backed by HECMs? You’re in Luck… December 29, 2022 Paul Muolo The portfolio is currently being subserviced by Compu-Link...Read More
loanDepot Amends Borrowing Lines With Signature, NexBank December 28, 2022 Paul Muolo The collateral for the LOCs: Freddie Mac MSRs...Read More
MBA Files Legal Brief in Favor of CA Fix-and-Flip Lender December 28, 2022 Namrata Bhatia In 2018, Nicholas and Sharon Honchariw took out a $5.6 million bridge loan from FJM, eventually defaulting on it...Read More
It’s Official: Union Home Buys AmeriFirst. MSRs Headed to a Third Party December 22, 2022 Paul Muolo AmeriFirst's servicing rights will go to a third party...Read More
Headed North (A Little Bit): Residential Delinquencies December 22, 2022 Paul Muolo Bottom line: The readings are not bad and there are few signs of a “credit” problem in the servicing industry...Read More
CFPB Slams Wells for Being a ‘Repeat’ Abuser of its Customers, Orders $3.7 Billion in Redress December 20, 2022 Sam Manas Wells is the nation's largest servicer of residential mortgages...Read More
MSR Sales Should be Strong Next Year. Caveats? December 19, 2022 Paul Muolo IMA's Tom Piercy is forecasting that a robust volume of product will hit the auction circuit next year...Read More
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