Some Lenders Closing Instead of Selling April 7, 2023 Paul Muolo If the price isn't right, some owners are closing shop rather than selling their company.Read More
Finance of America Closes on AAG Purchase, Reduces Cash Terms April 3, 2023 Paul Muolo AAG was the nation’s largest home equity conversion mortgage lender last year with $5.8 billion of production...Read More
M&A on the Minds of Everyone. Rate Cuts? March 24, 2023 Paul Muolo As some industry veterans may attest, on any given day, everyone’s for sale.Read More
A Buying Opportunity in MSRs? March 24, 2023 Paul Muolo Earlier in the week, every deal in the pipeline was on hold, said one advisor...Read More
Nation’s Largest Non-Agency Servicer ‘Still Available’ March 23, 2023 Paul Muolo SPS is the nation’s largest servicer of nonprime mortgage assets. It also happens to be an orphan. The company is owned by Credit Suisse, whose new owner, UBS, isn’t likely to keep it.Read More
Destined for Sale, Eventually: Home Point? March 23, 2023 Paul Muolo In 4Q22, Home Point saw its gain-on-sale margin improve to 22 basis points...Read More
Still Up for Grabs: Select Portfolio Servicing March 23, 2023 Paul Muolo Past bidders on the company include Mr. Cooper, Rithm Capital and Carrington Mortgage...Read More
First Republic for Sale? What Might Its Jumbo Whole Loans be Worth? March 22, 2023 Paul Muolo One of FRB's products is the jumbo IO...Read More
Investor Appetite Growing for Excess MSR Spread March 22, 2023 Brandon Ivey According to an analysis by Inside MBS & ABS, Fannie issued $608.65 billion of XSIO MBS last year...Read More
For Sale From Prestwick: Fannie, Freddie, Ginnie MSRs March 21, 2023 Paul Muolo The MSRs have roughly 26 months of seasoning...Read More