Continued Gains for Jumbo Servicing Portfolios November 24, 2021 Brandon Ivey First Republic Bank also stands out among the 30 companies: Its jumbo servicing portfolio increased by 4.2%...Read More
Short Takes: Applications Flat / Delinquencies Decline / HUD's Vaccination Rate / Another Legacy Non-Agency MBS Settlement / Thanksgiving Break November 24, 2021 Brandon Ivey Mortgage originations held steady despite an uptick in interest rates.Read More
Up for Grabs: A $1B Ginnie Portfolio. But Can You Close by Yearend? November 23, 2021 Paul Muolo The package is top-heavy in California product at 27%. Florida is next at 17%...Read More
IMA Rolls Out Fannie/Freddie MSR Offering November 19, 2021 Paul Muolo Looking to buy mortgage servicing rights? You're not alone...Read More
Feds, States Reinstate Pre-COVID Mortgage Servicing Rules November 19, 2021 Sam Manas Although back to flexing their regulatory muscle, the agencies have promised a take a more nuanced approach...Read More
Bulk MSR Deals from IMA and Phoenix November 16, 2021 Paul Muolo With yearend approaching, more MSR auctions are expected...Read More
The Roundup: Nonbank Earnings Rally in 3Q21, GOS Margins Widen November 15, 2021 John Bancroft The industry wasn’t exactly partying like it was 2020, but last year was a hard act to follow.Read More
Delinquency Rate Ticks Up in Third Quarter. Meaning? November 12, 2021 Brandon Ivey Reasons? Many borrowers are reaching the end of their forbearance periods...Read More
Pricing Dispute Prompts Pause in Ocwen’s Clean-Up Calls November 12, 2021 Brandon Ivey According to the Oakleaf Group, an analytics firm, governing documents for many non-agency MBS don’t include an explanation on how to calculate the fair market value...Read More
Cenlar's Subservicing Clients Weighing Their Options November 11, 2021 Paul Muolo One of Cenlar's subservicing clients is United Wholesale Mortgage...Read More
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