GSE MSRs Up for Grabs August 8, 2022 Paul Muolo The market for MSRs continues to simmer. A busy fall ahead?Read More
Largest Servicers Lose Some Market Share in Second Quarter August 4, 2022 John Bancroft Three of the five largest services saw their portfolios shrink in the second quarter.Read More
Ocwen’s Income Declines in Second Quarter August 4, 2022 Brandon Ivey Income from MSR markups declined and origination units took losses in the second quarter.Read More
PennyMac’s Income Dips in 2Q, Servicing Still Key August 3, 2022 Brandon Ivey The bulk of PennyMac's income in the second quarter of 2022 was tied to servicing.Read More
Rithm’s Break From Fortress Prompts Loss in Second Quarter August 2, 2022 Brandon Ivey The REIT paid a $325 million fee to an affiliate of Fortress Investment Group to shift to internal management.Read More
Some Wins for Mortgage Industry in Bill Supported by Manchin August 1, 2022 Brandon Ivey Housing provisions didn't make it into the Inflation Reduction Act, but there are some positive developments for the mortgage industry on taxes.Read More
Servicing Props Up Mr. Cooper’s Earnings in Second Quarter July 27, 2022 Brandon Ivey Net income at Mr. Cooper Group declined by 77.1% on a sequential basis to $151 billion in the second quarter.Read More
Delinquencies on Ginnie MBS Increase After Long Decline July 25, 2022 Monica Hogan Most of the increase in the Ginnie delinquency rate was on the FHA side.Read More
Western Alliance Bank’s Lending Holds Up in Second Quarter July 25, 2022 Brandon Ivey Originations at the bank were essentially flat in the second quarter while margins dropped.Read More
Short Takes: Delinquencies Rise; FTHBs Look to ARMs; Loss for Agency MBS REIT July 25, 2022 Brandon Ivey After three months of declines, mortgages delinquencies increased in June.Read More
RSS