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
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
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