Since the Pandemic's Start, Consumer Complaints Have Soared October 26, 2021 Andras Malatinszky In mid-October, the CFPB registered its one millionth credit reporting-related grievance since the inception of its consumer complaint database in 2011.Read More
Mortgage REIT Raises Almost $196 Million, Plans to Buy MSRs, More… October 26, 2021 Paul Muolo Back in the summer, Two Harbors was ready to settle on $17.5 billion of MSRs...Read More
Ginnie Servicing Performing Better, Freedom Ups Stake October 25, 2021 Brandon Ivey Freedom remained the top Ginnie servicer with $272.22 billion of MSRs on its books at the end of 3Q21...Read More
First American Buys Bob Caruso’s Subservicing Shop October 25, 2021 Paul Muolo A title insurance giant makes a splash with its latest vendor acquisition...Read More
The Big Decision: How Large of a Markup on MSRs? October 22, 2021 Paul Muolo Soon, the nonbanks will report 3Q results, including their latest MSR valuations...Read More
Nonbank's Mortgage Servicing Share Just Shy of 60% October 21, 2021 John Bancroft Commercial banks continue to show no love for MSRs, except for JPMorgan Chase...Read More
The GSEs’ Low-Income Refi Programs Get a Boost October 21, 2021 Dennis Hollier The Federal Housing Finance Agency expands the GSEs’ low-income refinance programs to include more moderate-income borrowers.Read More
New GSE MSR Auctions From Prestwick, MIAC October 19, 2021 Paul Muolo As yearend approaches, more bulks deals are expected...Read More
MSR Market Roars Back to Life in 3Q21 on Bulk Sales October 18, 2021 John Bancroft Most of the major bulk buyers recorded big gains during the third quarter. Ocwen Financial closed some $57.22 billion of bulk purchases...Read More
Rocket Takes Another Trip to the MSR Selling Well October 15, 2021 Paul Muolo and John Bancroft Rocket sold $40.85 billion of agency MSRs during the third quarter after sitting out the prior period...Read More