What We’re Hearing: Waiting on Treasury’s GSE RFP / And the Advisory Contract Goes To… / Who Is Andrew Olmem? / Angel Oak’s New MBS / Losing Faith in Mr. Cooper (The Mortgage Company, Not the Teacher) / Hindman: Banks Fail When it Comes to Social Media May 31, 2019 Paul Muolo Will institutional investors like Berkshire Hathaway line up to buy a new class of stock issued by Fannie Mae and Freddie Mac? We may know soon... Read More
Fitch Gives Freedom Mortgage a Thumbs Up May 31, 2019 Paul Muolo Fitch: Freedom will buy RoundPoint with cash on hand and "available" capacity on existing lines of credit...Read More
Consolidation of a Different Sort: Morningstar Agrees to Buy DBRS for $669 Million May 29, 2019 Paul Muolo In a statement, Morningstar said over the short-term, the acquisition will change nothing and it will be “business as usual.” Read More
It’s Official: Freedom Set to Buy RoundPoint, Creating a Top-10 Ranked Servicer May 24, 2019 Paul Muolo Earlier this month, Inside Mortgage Finance broke the news that the two firms were in talks...Read More
Falling Rates, a Thorn in the Side of MSR Sales May 22, 2019 Paul Muolo Mark Garland, executive vice president of MountainView Financial Solutions, is a firm believer that interest rates will stop declining at some point and the MSR sales machine will pick up a head of steam.Read More
Pretium Partners Eyeing Non-QM Lender Deephaven? May 21, 2019 Paul Muolo Last fall, Pretium made a big splash in the mortgage market, agreeing to buy Selene Holdings...Read More
Sources: Bids Due on Ditech Financial by Month’s End May 15, 2019 Paul Muolo Under supervision of the court, the Ditech franchise continues to operate, originating loans and servicing mortgages.Read More
Freedom in Serious Talks to Buy RoundPoint Mortgage May 8, 2019 Paul Muolo With RoundPoint Mortgage under its belt, Freedom would crack the top-10 ranking of residential servicers...Read More
What We’re Hearing: Perella Weinberg, the Treasury’s GSE Advisor? / Balancing the Congressional Equation / Calabria’s Plan of Action? / Wiping Out $200 Billion / Movement Buys Production in Alabama / loanDepot’s MSR Decline May 3, 2019 Paul Muolo Has the Treasury Department hired an advisory firm to assist on its GSE reform plan?Read More
Hedge Fund Exec Amasses (Small) Stake in Ocwen May 2, 2019 Paul Muolo A search of SEC records shows that Ocwen is not Martini’s first mortgage-related investment. In the past week, he’s owned a stake in Ditech Financial.Read More
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