Waiting On 'Mega' Nonbank Mergers... February 24, 2023 Paul Muolo When might some of the larger nonbank shops merge? Maybe in a few quarters...Read More
Incenter, MIAC Roll Out New MSR Auctions February 23, 2023 Paul Muolo The largest MSR offering of the week is a $6.47 billion portfolio of Fannie/Freddie Mac product from Incenter...Read More
FoA Strikes Deal to Unload Its Fix-and-Flip Unit February 21, 2023 Paul Muolo FoA, once a prime and non-QM lender/servicer, has been restructuring its business over the past year...Read More
Mutual of Omaha Buys Assets from Realtor’s Mortgage Company February 21, 2023 Paul Muolo The Keller Williams real estate brokerage boasts 1,100 offices and 200,000 associates.Read More
Wells Testing the Waters With Two MSR Offerings February 7, 2023 Paul Muolo A spokesman for Wells said he cannot “address speculation" regarding servicing sales...Read More
Short Takes: Time to Sell Title? / A Rich Deal / ‘No Managers’ Model Yields Profits / Fairway Intends to Dominate in Reverse Lending February 6, 2023 Monica Hogan and Paul Muolo Time to sell your title business?Read More
FoA Affiliate Inks Deal to Sell Title Division February 2, 2023 Paul Muolo Nonbank lender FoA posted revenues of just $71 million in 3Q22, half of what it took in the quarter before...Read More
Short Takes: Staying In TPO / An Old M&A Deal That Fell Apart / Rocket and HELOCs / The HPI Goes Negative / Impac Must Pay Up January 31, 2023 Paul Muolo and Brandon Ivey Trouble ahead? The Federal Housing Finance Agency’s home price index went negative (though barely) in November...Read More
IMBs See Choppy Waters Ahead for MSR Sales. At Issue: Too Much Supply January 27, 2023 Brandon Ivey AmeriHome's John Hedlund said MSR supply could surpass demand...Read More
In 4Q22, loanDepot and UWM Were Busy ‘Transferring’ MSRs January 24, 2023 Paul Muolo and John Bancroft For all of 2022, UWM transferred $98.8 billion of bulk MSRs, more than any other nonbank.Read More
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