Short Takes: A Lower Profit and GOS for Guild / Market Share Gains? / In the Hunt for Production Shops / A Busy MorVest / A New Directorship for Former GSE Exec March 11, 2022 Paul Muolo One MorVest client is looking to buy lenders producing $1 billion to $3 billion per year...Read More
Advisory Firm Sets Auction of Fannie/Freddie Product March 10, 2022 Paul Muolo The portfolio has estimated average escrow balances of $17.7 million.Read More
Fannie, Freddie Servicing Rights Go Out For Bid March 8, 2022 Paul Muolo Final bids are due in mid March.Read More
Where's the Mortgage M&A Boom? March 4, 2022 Paul Muolo One advisor said he’s not seeing much activity out there right now, but offered: “That doesn’t mean much — there may be a bunch of deals on the horizon.”Read More
Prestwick Offering Roughly $882 Million of GSE MSRs February 28, 2022 Paul Muolo Servicing prices are the strongest they’ve been in years, a situation that isn’t likely to change anytime soon.Read More
MSR Market in Danger of Getting Too Frothy? We're Not There Yet February 25, 2022 Paul Muolo For some large sellers of mortgage servicing rights, the sale of smaller portfolios just isn’t worth their time...Read More
Home Point Bolsters Weak 4Q Earnings With MSR Sales; Revenue and GOS Hit February 24, 2022 Paul Muolo The nonbank sold $13.1 billion of Ginnie Mae MSRs into a red hot servicing market...Read More
Southeast-Based Nonbank Selling GSE MSRs February 18, 2022 Paul Muolo The three states leading in the collateral count: North Carolina, Texas and California. Bids are due Feb. 24.Read More
Short Takes: Better.com’s New Hire / Check the Tape / Insider Buying is Good, Right? / CDFI Issues Second Non-QM Deal / A (Presidents) Day Off February 18, 2022 Paul Muolo and Brandon Ivey Piper Sandler on loanDepot: "In our view, the stock is pricing-in a very long downturn in the mortgage market"... Read More
Another Day, Another MSR Offering… February 17, 2022 Paul Muolo Roughly 85% of the loans are 30-year FRMs...Read More
RSS