Nonbanks Ride MSR Valuations to Higher 1Q22 Earnings May 25, 2022 Rising mortgage rates and Treasury yields cause MSR valuations to spike.Read More
Short Takes: Delinquencies Decline / No Foreclosure Surge / Home Sales Slow / Longbridge Names New COO May 23, 2022 Brandon Ivey and Monica Hogan Delinquencies and foreclosure starts both declined in April on a monthly basis.Read More
FHFA, Ginnie Provide Updates on Nonbank Liquidity Progress May 20, 2022 Brandon Ivey One of the biggest issues regarding the FHFA proposal: the liquidity buffer and committed financing lines...Read More
A New MSR Offering From Prestwick. MIAC Busy as Well May 19, 2022 Paul Muolo The Prestwick Group is brokering a $618 million portfolio of Fannie Mae/Freddie Mac product.Read More
Jumbo Servicing Balances Up Slightly in 1Q22 May 18, 2022 Brandon Ivey JPM's jumbo servicing portfolio declined 2.6% to $199.42 billion during the first quarter...Read More
Sources: USAA Inks Large MSR Deal With Mr. Cooper. Details? May 13, 2022 Paul Muolo Those MSR acquisitions, by the way, have been prescient for Mr. Cooper...Read More
Lower Earnings at Home Point as MSR Sales Buffer the Pain May 12, 2022 Paul Muolo Home Point's gain-on-sale margin came in at 61 basis points, a slight improvement over the October-December period...Read More
Nonbanks Book Historic Gains on Their MSR Assets May 12, 2022 Paul Muolo The MSR "cookie jar" has been tapped...Read More
Consumer Complaints Surge in the First Quarter of 2022 May 11, 2022 Sam Manas Year-over-year, overall consumer gripes were up 39.7%, but mortgages...Read More
A 1Q Earnings Gain for Rocket. Reason: (You Guessed It) MSR Mark Ups May 11, 2022 Paul Muolo Rocket's MSRs accounted for 25.4% of its asset base at March 31 compared to 16.4% at yearend.Read More
RSS