Phoenix Launches $4B-Plus Bulk MSR Auction. More to Come… October 13, 2022 Paul Muolo Auction announcements are expected to pick up in the weeks ahead...Read More
Short Takes: The Challenge Ahead / Fitch: The MSR Gravy Train May End / FoA, What’s Left? / A Blackstone Company / More Cuts at AO October 12, 2022 Paul Muolo Finance of America went public at $10.00 a share in the spring of 2021, courtesy of its owner, the Blackstone Group...Read More
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
The Mystery Surrounding Rushmore’s MSR Contracts October 10, 2022 Paul Muolo Rushmore’s contract base is nothing to sneeze at...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
UWM Discloses $1.5 Billion MSR Facility With Citi October 5, 2022 Paul Muolo A good time to accumulate MSRs? UWM increases borrowing line...Read More
CFPB Considers Revisions to QM Standards, Servicing Practices October 5, 2022 Brandon Ivey The RFI also focuses on potential changes to servicing practices...Read More
Ginnie Expands Loan Buyout Authority Post Ian, Fiona October 4, 2022 Monica Hogan Ginnie Mae early this week expanded loan buyout authority to issuers to allow them to offer financial relief to borrowers affected by the recent hurricanes Ian and Fiona.Read More
For Sale: $2 Billion of Ginnie Mae MSRs. High Delinquencies Though September 28, 2022 Paul Muolo The average loan balance is $254,159...Read More
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