SPS is the nation’s largest servicer of nonprime mortgage assets. It also happens to be an orphan. The company is owned by Credit Suisse, whose new owner, UBS, isn’t likely to keep it.

There are plenty of fix-and-flip home sales but profitability is starting to slip. Meanwhile, in his new book, Calabria takes a poke at nonbanks.

In 4Q22, Home Point saw its gain-on-sale margin improve to 22 basis points...

Past bidders on the company include Mr. Cooper, Rithm Capital and Carrington Mortgage...

According to an analysis by Inside MBS & ABS, Fannie issued $608.65 billion of XSIO MBS last year...

The bureau said home loan servicers are repeatedly charging borrowers for property inspection visits to known bad addresses.

The MSRs have roughly 26 months of seasoning...

SPS has a portfolio size of $141.0 billion and a dominant market share of 42.9%...

Building a portfolio of home loans through branch offices is about as old-school as business gets.

Some regional banks have been paying higher interest rates to attract escrow money...