M&A: Computershare Pondering Its Options in Mortgages? May 8, 2023 Paul Muolo Computershare said, “Low origination and refinancing volumes, along with the timing of MSR capital recycling trades, affected results."Read More
Short Takes: Rithm Plans to Spin Off Mortgage Unit / ABA Concerned About Short Sellers / Impac Reduces Earnings Disclosures / Blend Warned of Possible Delisting From NYSE May 5, 2023 Brandon Ivey Rithm owns NewRez, Caliber Home Loans and Shellpoint Mortgage Servicing, among other units.Read More
A Quarterly Loss, but Two Harbors Keeps Buying MSRs May 3, 2023 Paul Muolo The sellers of the MSRs were not identified, but in the past Two Harbors has bought product from banks and nonbanks alike...Read More
Up for Grabs: $37 Billion of Mostly Non-Agency MSRs May 2, 2023 Paul Muolo The offering circular notes, “The seller will be providing customary representations and warranties.”Read More
JPM Takes Control of First Republic in Federally Assisted Deal May 1, 2023 James Dohnert Among mortgage servicers, FRB ranked 22nd, according to Inside Mortgage Finance.Read More
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
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