Mortgage-Related REITs Scale Back Agency MBS, Lean to Non-Agency March 11, 2022 John Bancroft Most of the decline was in portfolio holdings of mainstream agency MBS...Read More
COVID-Era Non-QM Delinquencies? Never Mind... March 10, 2022 Brandon Ivey dv01 looked at loan-level performance data for 1,610 non-QMs with an unpaid principal balance of nearly $800 million...Read More
Advisory Firm Sets Auction of Fannie/Freddie Product March 10, 2022 Paul Muolo The portfolio has estimated average escrow balances of $17.7 million.Read More
Nonprime Servicers Expand Portfolios in 2021 March 8, 2022 Brandon Ivey Select Portfolio Servicing remained the largest nonprime servicer at yearend with estimated balances of $133.0 billion...Read More
Fannie, Freddie Servicing Rights Go Out For Bid March 8, 2022 Paul Muolo Final bids are due in mid March.Read More
Subservicing Continues to Spread, Posts Steady Gains in 4Q March 7, 2022 More private equity shops, such as Marlin Mortgage Capital, are entering the MSR ownership circle but want someone else to process their loans...Read More
As Regulators Focus on Nonbanks, A Turf War May Emerge March 3, 2022 Brandon Ivey On the horizon: a possible regulatory turf war...Read More
Earnings and GOS Decline at UWM, Share Price Gets Smacked March 1, 2022 Brandon Ivey UWM recognized a $139.0 million decline in fair value of its MSRs. At year-end, the company's portfolio had a weighted-average coupon of 2.94%.Read More
Prestwick Offering Roughly $882 Million of GSE MSRs February 28, 2022 Paul Muolo Servicing prices are the strongest they’ve been in years, a situation that isn’t likely to change anytime soon.Read More
MSR Market in Danger of Getting Too Frothy? We're Not There Yet February 25, 2022 Paul Muolo For some large sellers of mortgage servicing rights, the sale of smaller portfolios just isn’t worth their time...Read More
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