Bulk MSR Transfers Soar in Massive 2Q22 Reshuffling July 18, 2022 John Bancroft Year-to-date transfers of Fannie Mae, Freddie Mac and Ginnie Mae servicing hit $561.35 billion, setting a pace for a $1 trillion year.Read More
Short Takes: GSE Reform on the Horizon? (Hardly) / The Mid-Terms / A Limited Life / Stress Relief for Mortgage Companies? / Buy American (Homes) July 18, 2022 Brandon Ivey and Paul Muolo Hope for legislative reform of Fannie Mae and Freddie Mac? Not really...Read More
Amid the Industry Turmoil, an M&A Deal Gets Done July 15, 2022 Paul Muolo In 2021, Sunstreet originated roughly $800 million in residential mortgages...Read More
Nonbank MSR Footprint Shrinks in 2Q22 Selloff July 14, 2022 John Bancroft Bulk sales of agency MSRs played a significant role in the second quarter...Read More
MSRs in the Spotlight as Earnings Season Approaches July 11, 2022 Paul Muolo Overall, the servicing business is good, very good, most will agree...Read More
Short Takes: Feeling Safe from FGMC / IPOs? No / loanDepot Insiders Keep Selling / A Large MSR Offering From MIAC / An MBS With Sprout Loans / A Day Off July 1, 2022 Paul Muolo The deluge in MSR auctions continues apace...Read More
A $5B-a-Year Lender Sold to Fintech Firm June 22, 2022 Paul Muolo Hamilton is led by industry veterans Pat Sheehy and Mark Korell...Read More
Private Equity Finds Gold in MSR Investments June 21, 2022 Paul Muolo A trust-worthy asset class, at least for now: mortgage servicing rights...Read More
Is There a Role for the CFPB in Bank Mergers? (Perish the Thought) June 21, 2022 Sam Manas The ABA said that although a review of existing banking guidelines are vital, there are already rules for evaluating mergers...Read More
More MSR Deals Hit the Auction Circuit June 15, 2022 Paul Muolo As a way to raise cash, more lenders are contemplating servicing sales...Read More