An Earnings Drop for Mr. Cooper but Stock Spikes on Sagent News February 11, 2022 Brandon Ivey At midday, Mr. Cooper's shares were up 16%...Read More
Servicing Sales? Off the Charts February 11, 2022 Paul Muolo Nonbanks are more willing than ever to part with their MSRs...Read More
Up for Grabs: $11.5 Billion of Fannie/Freddie MSRs February 9, 2022 Paul Muolo Sellers of mortgage servicing rights are striking while the iron is hot.Read More
New Residential Registers An Improvement in GOS. However… February 8, 2022 Paul Muolo NRIC ended the year with an MSR portfolio sized at $483.0 billion, up 1.5% quarter over quarter.Read More
Conservative Marks on MSRs Rule the Day... February 7, 2022 Paul Muolo One servicing broker said his clients averaged markups of just 3 bps...Read More
During a Tough Week, loanDepot Shores Up Its Credit Lines February 4, 2022 Paul Muolo During the firm’s earnings call, founder and CEO Anthony Hsieh assured analysts the nonbank has plenty of liquidity and will gain market share in the year ahead.Read More
Nonbank Servicers Rack up Gains, Wells Fargo Falls Back to Earth February 3, 2022 John Bancroft Nonbank servicers in the top 50 posted a hefty 4.6% gain in owned servicing...Read More
Consumer Complaints Reach Another Record in 2021 February 2, 2022 Sam Manas Consumer complaints about debt collection saw a hefty 30.6% rise.Read More
loanDepot CEO Discloses Stock Purchases in Call With Analysts February 2, 2022 Paul Muolo loanDepot went public roughly a year ago. Its stock once traded as high as $39 a unit...Read More
An Earnings Plunge for loanDepot. Servicing Writedowns Too February 1, 2022 Paul Muolo In a bit of a surprise, loanDepot also recorded negative changes to the fair market value of its mortgage servicing portfolio totaling $118.7 million.Read More
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