A Gargantuan Year for MSR Transfers But a Downturn in 4Q21 January 31, 2022 John Bancroft Roughly $153.60 billion of Fannie/Freddie MSRs changed hands in bulk deals during the fourth quarter...Read More
In a Red Hot MSR Market, Private Equity Makes a Stand January 27, 2022 Paul Muolo Andrew Weber of Marlin Mortgage: "It's been one heck of a ride"...Read More
Originations and Earnings Decline at Flagstar, MSR Values Rise January 27, 2022 Paul Muolo Slated to be purchased by NYCB, this mortgage bellwether of sorts originated $10.7 billion of residential loans in 4Q21...Read More
Ginnie Urges Diligence on COVID-Related Mods January 27, 2022 Monica Hogan The new steps eliminate the need for recordation and title insurance, with certain exceptions...Read More
As Ginnie MSRs Increase in Value, Outstandings Struggle to Grow January 25, 2022 Brandon Ivey The growth came from VA mortgages, with FHA servicing rights actually declining.Read More
Banks Target Nonbanks for Asset-Based Lending, Warehouse January 21, 2022 Paul Muolo For months now, rumors have been circulating that Signature was planning to make a big splash in warehouse finance, having hired a former Wells Fargo executive...Read More
Mortgage-Related Complaints Filed With the CFPB Down in 4Q21 January 19, 2022 Andras Malatinszky However, the number of borrowers unhappy with the loan-modification process jumped 12.7%...Read More
Rice Park Secures MSR Money, Targets $70B in Acquisitions January 18, 2022 Paul Muolo Rice Park said it wants to “build a large scale and durable MSR investing business.”Read More
A Production Decline and Lower Mortgage Earnings for Truist January 18, 2022 Paul Muolo The weighted average coupon of Truist's MSR portfolio: 3.44%...Read More
Nonbank (Agency) MSR Market Share Just Shy of 61% at Yearend January 13, 2022 John Bancroft Depository institutions increased their agency mortgage servicing rights by just 0.4% during the final three months of the year.Read More
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