Residential Housing Debt Cracks the $12 Trillion Mark September 30, 2021 John Bancroft Nonbank mortgage processors serviced $4.977 trillion of securitized home loans as of June 30, up 2.4% from March and hefty 20.2% gain from a year ago.Read More
As the Calendar Turns, Servicing Values Head North September 30, 2021 Paul Muolo Looking to lop off some of your MSRs? You're in luck...Read More
Another $6 Billion Worth of MSRs Hit the Market September 29, 2021 Paul Muolo Prestwick is selling a $2.0 billion portfolio of Fannie/Freddie and Ginnie Mae-backed servicing rights.Read More
$6B of Ginnie MSRs Up for Grabs, An EBO Angle As Well September 28, 2021 Paul Muolo Loan-level data is available to bidders who sign a non-disclosure agreement...Read More
More COVID Tools: FHA Seeks Feedback on 40-Year Loan Modification September 28, 2021 Monica Hogan Fannie Mae and Freddie Mac already offer 40-year loan modification terms.Read More
Wedbush Hikes Estimates on Rocket but Still Has It as an ‘Underperform’ September 27, 2021 Paul Muolo Rocket recently extended two master repurchase agreements it has, one with Barclays Bank and another with Citibank.Read More
Mortgage Bankers Want More Details on Employee Vaccination Mandates September 27, 2021 Monica Hogan The nation’s sixth-ranked lender, loanDepot, doesn’t have a corporate back-to-the-office mandate yet...Read More
Mr. Cooper’s Employment Will Be ‘Home Centric’ Following Pandemic September 22, 2021 Brandon Ivey More than 98% of Mr. Cooper's nearly 10,000 employees were working from home as of the end of 2020.Read More
Details Out on Home Point’s $15 Billion MSR Auction September 17, 2021 Paul Muolo Home Point, which went public earlier this year, has been the subject of recent downgrades...Read More
Fannie/Freddie MSR Package Available for Purchase September 16, 2021 Paul Muolo Bulk MSR auctions have been slow of late, with some participants reporting an increase in privately negotiated transactions.Read More
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