Private Equity Finds Gold in MSR Investments June 21, 2022 Paul Muolo A trust-worthy asset class, at least for now: mortgage servicing rights...Read More
Depositories Lose Ground in MSRs, Nonbanks Plow On June 16, 2022 John Bancroft Nonbanks boosted their combined servicing by 4.8%, hitting $6.231 trillion...Read More
More MSR Deals Hit the Auction Circuit June 15, 2022 Paul Muolo As a way to raise cash, more lenders are contemplating servicing sales...Read More
Lenders, for the Most Part, Like FHA 40-Year Loan-Mod Proposal June 15, 2022 Monica Hogan NAR noted that 9.58% of FHA borrowers “were in some stage of delinquency” during the first quarter.Read More
A Rare Slowdown in the Outsourcing of Servicing June 14, 2022 Paul Muolo At the end of March, 31.7% of all outstanding residential mortgages were being processed by someone other than the owner of the MSRs...Read More
Saving the Day in 1Q22: MSR Markups June 8, 2022 Brandon Ivey Overall, the 21 shops reported a loss of $1.27 billion from mortgage production activities in 1Q22...Read More
Bank MSR Values Hit 16-Year High June 6, 2022 Brandon Ivey Banks, combined, handled $3.15 trillion in mortgage servicing for others as of the end of March...Read More
A Slight Lull in Mortgage Servicing Auctions, Prices Ebb June 3, 2022 Paul Muolo The peak in prices could be over, for now...Read More
Mr. Cooper Forecasts a Break-Even 2Q, Excluding MSR Marks… June 2, 2022 Paul Muolo The nonbank revealed it anticipates “roughly break-even net income” for the second quarter, excluding potential mark-to-market gains on its massive MSR holdings...Read More
Citi Picks Mortgage Expert for Latest MDI Rotation Program June 1, 2022 Monica Hogan Citi continues to pay the employee's salary while they work for the MDI...Read More
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