Time to Worry About MSRs and Nonbank Capital? November 18, 2022 Paul Muolo Banking regulators aren’t the only ones kneading the mortgage worry beads on MSRs...Read More
MSR Market Watches for Smoke Signals From the Fed November 18, 2022 John Bancroft There's an iceberg of low-coupon MSRs out there...Read More
In a $5M Settlement, CFPB Sanctions Carrington for Violating the CARES Act November 18, 2022 Sam Manas One mortgage CEO told IMFnews we may be seeing more of these settlements in the near future...Read More
Fitch Worries About Servicing and Nonbank Capital November 16, 2022 Paul Muolo Last month, Fitch issued peer reviews on six shops...Read More
Under New Ownership (Soon): Select Portfolio Servicing November 14, 2022 John Bancroft Fitch and other ratings firms last affirmed the company’s solid RMBS servicer ratings a year ago...Read More
loanDepot Says 4Q Lending Could Fall to Just $4 Billion November 9, 2022 Paul Muolo CEO Frank Martell: "We are excited about the launch of our digital HELOC"...Read More
Another Earnings Bloodbath for Finance of America November 9, 2022 Paul Muolo FoA is down to $169 million of cash and cash equivalents...Read More
Up for Grabs: $6.9 Billion of GSE Mortgage Servicing Rights November 8, 2022 Paul Muolo These MSRs should stick around a long time: The average interest rate is 3.2%...Read More
Depositories Report Weakening Mortgage Banking Income November 7, 2022 John Bancroft JPMorgan Chase was the top earner among the group with $313 million in mortgage fees and related income...Read More
As Year Draws to a Close, MSR Bidders Get Pickier November 7, 2022 Paul Muolo It’s a combination of too much servicing supply and buyers that have already burned through their acquisition budgets...Read More
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