Future of Nation’s Largest Nonprime Servicer SPS? CS Won't Say March 20, 2023 Paul Muolo SPS has a portfolio size of $141.0 billion and a dominant market share of 42.9%...Read More
Guild Strikes Again in the M&A Market March 14, 2023 Brandon Ivey Launched in 1987 by Jeff May, Cherry Creek boasts 68 branches in 45 states....Read More
California-based CMG Ready for More Deals... March 10, 2023 Paul Muolo Both CMG and Homebridge said they made money in 2022...Read More
CMG Adds to its Retail Network, Buys MSRs March 7, 2023 Paul Muolo CMG ranks 27th among home lenders, Homebridge 39th...Read More
MSR Offerings Sprout Up...Waiting on Home Point? March 7, 2023 Paul Muolo The market anticipates servicing sales news from Home Point...Read More
Black Knight, In Bid for Merger Approval, Agrees to Divest Certain Businesses March 7, 2023 Sam Manas CHLA said it sees no movement on some of the key consumer issues of the deal...Read More
Short Takes: Rocket and M&A / No Premium for Retail / A Steady Dividend / C-Suite Changes at APM March 3, 2023 Paul Muolo and Brandon Ivey The origination market being what it is, Rocket can pick up production assets on the cheap, a plus...Read More
Short Takes: Buffett Buys Some Mortgage Assets / MSRs for Sale / Funding Mortgage Tech: Flagstar / The BKI Sale: Ice, Ice, Baby / Better.com’s Reduced Valuation February 28, 2023 Paul Muolo Lenders may be facing tough times but that isn’t stopping some shops from seeking out good ideas in the tech space.Read More
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