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Home » Topics » IMFnews » Servicing

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Mortgage IPOs Headed for Turbulence?

November 4, 2020
Paul Muolo

In a statement, Caliber said it’s postponing the sale of common stock to the public but will “continue to evaluate the timing.”


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A Rarity: An Auction Notice on Bulk Ginnie MSRs

November 4, 2020
Paul Muolo

Signs of life in the Ginnie Mae servicing arena? Maybe.


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Mergers and Acquisitions? Sort of On Hold…

November 4, 2020
Paul Muolo

Chuck Klein, managing partner at Mortgage Banking Solutions, describes the current M&A atmosphere as “pretty quiet.” Still, he’s working on a handful of deals...


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Different Readings from MBA and Black Knight on Forbearance

November 3, 2020
Paul Muolo

Black Knight tracks daily performance data on over 23 million mortgages covering more than 60% of the market. MBA’s survey encompasses 38 million loans from roughly 50 servicers.


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Ginnie Buyouts Spike at Mr. Cooper. More on the Way?

November 2, 2020
Paul Muolo

Ginnie buyouts of delinquent mortgages are a common practice – but it takes readily available cash, or a line  of credit...


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Slip, Sliding Away: The Ginnie Mae Servicing Market

November 2, 2020
John Bancroft

Eight of the top 10 Ginnie servicers as of the end of September had smaller portfolios than at the midway point in the year.


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Forget the Mortgage IPO Craze, Nonbanks Increasingly Turn to Debt

October 30, 2020
Paul Muolo

IPOs can be expensive and complicated, but debt offerings are more of a sure thing (for the right shop)...


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Consumer Supervision Division Shakeup Raises Eyebrows

October 29, 2020
Yemeng Yang

Afterward, the enforcement office’s policy and strategy team personnel and functions will be moved to a new division...


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Mr. Cooper Increases Lending by 45.4% in 3Q, Servicing Portfolio Declines

October 29, 2020
Brandon Ivey

Mr. Cooper, which ranks third among servicers, pinned the MSR shrinkage on prepayments as borrowers refinanced into loans offered by competitors...


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MFA Returns to the Market with its Second Non-QM MBS

October 28, 2020
Brandon Ivey

Loans in the $570.2 million MBS were originated by Citadel Servicing Corp. and have seasoned for an average of 20 months.


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