Short Takes: PHH and Caliber, Again? / Will Analysts Grill Wells Fargo? / Walter Exec Sells Shares / RBS Agrees to Settle MBS Case with Connecticut / New Hires for Compass Point October 6, 2016 Paul Muolo Is Caliber once again dancing with PHH?Read More
The State of Mortgage Servicing Sales: ‘Hand to Hand Combat’? October 5, 2016 Paul Muolo Through the first six months of 2016, $78.5 billion in bulk rights have changed hands, compared to $253.1 billion in 2015…Read More
Short Takes: PHH’s Disclosure Was Long Expected / Doomed? / PHH Asks for ‘Confidential Treatment’ / Compliance Can Cost / Expanded HMDA Collections Coming Soon October 4, 2016 Paul Muolo and Thomas Ressler PHH also wants certain information kept confidential...Read More
Collingwood Capital Advisors: Mortgage Market Ripe for M&A October 3, 2016 Paul Muolo In the mortgage M&A space, there continues to be a disconnect between buyers and sellers…Read More
What We’re Hearing: The Mortgage Customer and Wells Fargo? / This Too Shall Blow Over … Maybe / Houston-Based Mortgage Firm Up For Grabs / Question for Promontory: Do You Really Want to be Owned by IBM? / MBA Chief: Hillary Clearer on Housing Issues September 30, 2016 Paul Muolo Some good news: at least Wells Fargo's share price is not in Ocwen territory...Read More
Ginnie Mae Keeping a Close Eye on Servicing Sales, Liquidity September 28, 2016 George Brooks Ginnie Mae wants to make sure that issuers are not selling all their good loans and retaining the potential dregs…Read More
Analyst: PHH Corp. Is Just too Cheap; But Will a Buyer Emerge? September 28, 2016 Paul Muolo A decade ago, PHH Mortgage had several suitors, including Countrywide Financial, which once coveted its private-label business…Read More
‘Big’ M&A Announcements Slated for MBA Convention in Boston? September 27, 2016 Paul Muolo Most of the firms looking to buy other shops are nonbanks…Read More
MountainView, Prestwick Roll Out New MSR Auctions September 20, 2016 Paul Muolo As rates increase, more deals are hitting the market...Read More
Ginnie Chief Tozer Lays it on the Line About MSR Values, Liquidity September 19, 2016 Paul Muolo Senior Vice President of Issuer and Portfolio Management Michael Drayne said recently the revised acknowledgement agreement could be ready by the end of September.Read More