Short Takes: Princeton Mortgage Enters Wholesale Arena / Ocwen Settles with Lone Star State / Stipulations Regarding REALServicing / The Original Trademark / Angel Oak Hires Fund Manager October 19, 2017 Paul Muolo Ocwen settled with Texas regulators as well...Read More
MIAC Sets Auction for Fannie Mae MSR Portfolio October 16, 2017 Paul Muolo The seller of the MSR package focuses on the California market...Read More
Short Takes: Residential Production Plunges at Citi / MSR Holdings Down Too / But a Nice Profit for 3Q17 / JPMorgan Readies New Non-Agency MBS / Ocwen Exiting Wholesale Channel / Fannie Announces New NPL Auctions October 12, 2017 Paul Muolo and Brandon Ivey Citi’s third-party servicing portfolio is down to $49.1 billion from $147.6 billion at Sept. 30, 2016...Read More
As the New Quarter Begins, More GSE MSR Deals Hit the Auction Block October 10, 2017 Paul Muolo The first offering is for $524 million and comes from an independent mortgage banking firm…Read More
More Bulk MSR Packages Hit the Market October 5, 2017 Paul Muolo Loans from Maryland and Indiana represent a majority of the collateral at 37 percent and 25 percent, respectively…Read More
Short Takes: Deal Makers Bolt Houlihan for Hovde / ThomaLee Buys Controlling Stake in Ten-X / SoFi Reaches Out to Baseball Fans / It Had to Happen Eventually: ‘Crowd Funding’ for a Downpayment / CA VP Victim in Las Vegas Shooting October 5, 2017 Paul Muolo Houlihan as been a major player in mortgage-related deals ever since it purchased Milestone Partners earlier in the decade…Read More
IMA Launches Auction for $9.6 B Fannie/Freddie MSR Portfolio October 3, 2017 Paul Muolo The Fannie/Freddie MSR portfolio has no delinquencies whatsoever… Read More
Short Takes: Some Criticism for the GSE Regulator / Security National Passes $3B Mark / Ellie Mae Completes Velocify Deal / Banks Will Pay Because of Equifax Mess / Executive Bolts Stearns for Sierra Pacific October 3, 2017 Paul Muolo and Thomas Ressler But that didn’t stop the conservative from the Lone Star state from offering up some critiques on the FHFA...Read More
MSR Market Heats Up, But Hurricanes are a Factor; A Fannie Moratorium Lifted October 2, 2017 Paul Muolo Still, the deal world grinds forward. “Ten days ago, sales were dead, but interest is picking up again,” said Mark Garland, president of MountainView Servicing Group…Read More
It Finally Looks Like Mortgage Underwriting Standards are Easing September 29, 2017 Thomas Ressler The easing of underwriting standards was most dramatic for loans eligible for sale to Fannie Mae and Freddie Mac…Read More
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