FoA Affiliate Inks Deal to Sell Title Division February 2, 2023 Paul Muolo Nonbank lender FoA posted revenues of just $71 million in 3Q22, half of what it took in the quarter before...Read More
Short Takes: Staying In TPO / An Old M&A Deal That Fell Apart / Rocket and HELOCs / The HPI Goes Negative / Impac Must Pay Up January 31, 2023 Paul Muolo and Brandon Ivey Trouble ahead? The Federal Housing Finance Agency’s home price index went negative (though barely) in November...Read More
IMBs See Choppy Waters Ahead for MSR Sales. At Issue: Too Much Supply January 27, 2023 Brandon Ivey AmeriHome's John Hedlund said MSR supply could surpass demand...Read More
In 4Q22, loanDepot and UWM Were Busy ‘Transferring’ MSRs January 24, 2023 Paul Muolo and John Bancroft For all of 2022, UWM transferred $98.8 billion of bulk MSRs, more than any other nonbank.Read More
The Final Tally: A Stunning $1.1 Trillion of MSRs Changed Hands Last Year January 23, 2023 John Bancroft The star of the show was the bulk market, where $920.9 billion of agency MSRs transferred...Read More
Short Takes: FHFA Acts. Should the FHA? / Servicing Income Improves at Truist / For Sale: A Shell / Avoiding Foreclosure by Selling the House January 23, 2023 Paul Muolo and Sam Manas Garrett, McAuley has a "shell" for sale...Read More
MSR Deal Chatter: Lots of Smoke, No Fire... January 20, 2023 Paul Muolo An offering memorandum on a Wells package? No one has admitted to seeing one...Read More
The Aurora/Better.com Saga Continues… January 20, 2023 Paul Muolo Last week Aurora received a violation notice from the NASDAQ...Read More
Out for Bid: $10B of Conventional MSRs January 18, 2023 Paul Muolo The selling company is described as a “well-established, highly reputable” nonbank...Read More
An $85 Billion MSR Portfolio Up For Grabs January 12, 2023 Paul Muolo It's possible that two different buyers might take down the $85 billion...Read More
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