Lower 2Q22 Originations for JPM, a Nice Gain for Jumbo Specialist FRB July 14, 2022 Paul Muolo JPM is the first publicly traded bank or mortgage company to report 2Q22 results.Read More
MSRs in the Spotlight as Earnings Season Approaches July 11, 2022 Paul Muolo Overall, the servicing business is good, very good, most will agree...Read More
Coming Government Rule Changes: A Busy FHA July 11, 2022 Monica Hogan Another possible change: A notice of proposed rulemaking is scheduled in April 2023 to address reductions on servicing costs...Read More
The Next Shoe to Drop on Mortgage Stocks: Credit Concerns? July 5, 2022 Paul Muolo Credit concerns are not yet a problem, or much of a concern, in the mortgage industry...Read More
Short Takes: Feeling Safe from FGMC / IPOs? No / loanDepot Insiders Keep Selling / A Large MSR Offering From MIAC / An MBS With Sprout Loans / A Day Off July 1, 2022 Paul Muolo The deluge in MSR auctions continues apace...Read More
Annaly Paints Rosy Picture For MBS, Servicing Rights June 30, 2022 Sam Manas Annaly values its MSRs at north of $1 billion...Read More
2Q22 is Almost Over. Servicing Markups? Anyone? June 29, 2022 Paul Muolo One advisor noted: "If you want to go higher now you can, but the dynamics justifying it may not last much longer.”Read More
Short Takes: A Mortgage RIF at JPM? / WARN What? / Bidding on MSRs / A New Jumbo Deal / Greystone Hires FRB Banker as New CEO June 27, 2022 Paul Muolo JPM is working on a new jumbo MBS deal with loans supplied by UWM...Read More
Trouble Ahead? Seller Repurchases of Fannie/Freddie Loans Spike June 21, 2022 John Bancroft It marks the first time quarterly repurchases topped the $1 billion mark since the second quarter of 2014.Read More
Private Equity Finds Gold in MSR Investments June 21, 2022 Paul Muolo A trust-worthy asset class, at least for now: mortgage servicing rights...Read More
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