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Home » Topics » IMFnews » Servicing

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MSR Market Roars Back to Life in 3Q21 on Bulk Sales

October 18, 2021
John Bancroft
Most of the major bulk buyers recorded big gains during the third quarter. Ocwen Financial closed some $57.22 billion of bulk purchases...
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Rocket Takes Another Trip to the MSR Selling Well

October 15, 2021
Paul Muolo and John Bancroft
Rocket sold $40.85 billion of agency MSRs during the third quarter after sitting out the prior period...
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The M&A Question: Which Side Are You On?

October 15, 2021
Paul Muolo
The one saving grace for these companies is that the recent rise in rates has increased the asset value of their servicing portfolios...
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Short Takes: Ocwen Hires Some Heavy Hitters for TPO / Strong 3Q21 Results? / USB Grows Home Lending By Almost 20% / Taper Sooner? / Hale Becomes the Chief

October 15, 2021
Paul Muolo and Dennis Hollier
Ocwen hints at good things in its (coming) 3Q21 results...
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3Q21 Origination Tally: An Increase for BofA, A Decline for Wells Fargo

October 14, 2021
Paul Muolo
Lower all-around at Wells Fargo: home lending, mortgage servicing rights, branches and employees...
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MBA Expects At Least 3,200 at Annual Confab in San Diego. Masks?

October 14, 2021
Monica Hogan
Some lenders are sending big contingents to the trade show., while others are staying home...
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A First Post 2010: Non-Agency MBS Backed by Ginnie Buyouts

October 14, 2021
Brandon Ivey
Waterfall Asset Management acquired the FHA mortgages from various third-party sellers in 2019 and 2020...
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An Origination Gain for JPM in 3Q21, A Nice Increase in MSRs

October 13, 2021
Paul Muolo
One interesting side note: The bank grew its third-party servicing portfolio to $509.3 billion, up from $463.9 billion at mid-year, a sequential gain of 9.8%.
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Seniors’ Complaints About Mortgages Jump in 2021

October 13, 2021
Namrata Bhatia
Seniors — age 62 or older — filed 1,987 mortgage gripes during the first six months of the year, up 36.1% from the same period last year...
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Chopra Sworn in at the CFPB. Kudos and Concerns…

October 13, 2021
Brandon Ivey
John Ryan, president and CEO of the Conference of State Bank supervisors, suggested that cooperation between the CFPB and state regulators will be particularly important.
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Latest Imf News

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