Short Takes: At FRB Friday It Was Take a Number / Plenty of IOs / Top MSR Buyers? / What’s It Going to Be, FOMC? / Stable Margins May 1, 2023 Paul Muolo It will be interesting to see what JPM does with all those interest-only jumbos...Read More
Mr. Cooper Goes on Acquisition Spree: MSRs and Rushmore April 26, 2023 Paul Muolo The nonbank is set to acquire mortgage servicing rights and the servicing operations of Rushmore Loan Management.Read More
GSE Servicing Rights Up for Grabs April 24, 2023 Paul Muolo Bids on the package are due May 3...Read More
Home Point's Future: Maybe a REIT Conversion? April 17, 2023 Paul Muolo But maybe there is a way forward for the Ann Arbor-based nonbank...Read More
IMA Announces Second MSR Auction of the Week April 12, 2023 Paul Muolo The portfolio has a weighted average coupon of 3.26% and a loan-to-value ratio of 66.5%.Read More
FTC Requests Injunction on ICE/Black Knight Tie-Up April 11, 2023 Sam Manas The FTC filed a motion for a temporary restraining order and a preliminary injunction to halt the proposed acquisition of Black Knight by Intercontinental Exchange.Read More
How Long Might Home Point Keep Its MSRs? April 10, 2023 Paul Muolo The sale agreement leaves the Ann Arbor, MI-based Home Point with one chief asset: its MSRs.Read More
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
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