An Earnings Rebound for Guild Amid Stronger Originations, Weaker GOS November 11, 2021 Paul Muolo In 3Q21, 61% of Guild's fundings were purchase-related as opposed to refis...Read More
Mortgage-Related Complaints Fall Across the Board November 10, 2021 Brandon Ivey Complaints regarding loan closings declined at the fastest rate during the third quarter...Read More
UWM’s 3Q: Record Originations, Improved Earnings and a Swipe at its Competitors November 9, 2021 Paul Muolo The Pontiac, MI-based lender is forecasting 4Q originations of $52.0 billion to $60.0 billion and a GOS of 85 to 105 bps.Read More
Ocwen Turns a Profit in Third Quarter November 8, 2021 Brandon Ivey Ocwen's MSR investments are ahead of schedule...Read More
PennyMac Increases Income in 3Q as Originations Decline Slightly November 5, 2021 Brandon Ivey Much of the income was tied to PennyMac's originations through the consumer direct and brokers channels.Read More
Mortgage Bankers Swimming in the Debt Pool Once Again November 5, 2021 Paul Muolo As servicing assets increase in value, the industry might see more nonbanks use MSRs as collateral for debt deals...Read More
A Strong Profit for Rocket, Originations Up 5%. MSR Sales Too November 4, 2021 Paul Muolo Rocket ended the July-September period with $521.0 billion of mortgage servicing rights on its books, up 2.8% sequentially...Read More
Nonbanks Tighten Their Grip on the Servicing Market November 4, 2021 John Bancroft The Inside Mortgage Finance top-50 tally at Sept. 30: Nonbanks $4.03 trillion of MSRs, depositories $3.83 trillion...Read More
A Strong Earnings Turnaround for Home Point as Firm Sells MSRs, Pays Dividend November 4, 2021 Paul Muolo The lender's gain-on-sale margin totaled 84 basis points compared to just 58 bps in the second quarter.Read More
And the Winning Bidder on the Home Point Portfolio Is… November 3, 2021 Paul Muolo Looking to sell mortgage servicing rights? Now might be a good time...Read More
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