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
Wells Exits Correspondent Lending, Will Shrink Servicing Portfolio January 11, 2023 Brandon Ivey For decades, Wells has capitalized on the cross-selling opportunities inherent in mortgage lending...Read More
Suddenly, A Barrage of MSR Deals Hits the Market January 11, 2023 Paul Muolo Last week, The Prestwick Mortgage Group kicked things off with a conventional offering notice...Read More
A $1.5 Billion GSE MSR Offering Hits the Street January 9, 2023 Paul Muolo The loans have an average age of 34 months.Read More
Guild EVP Horn Steps Down but Will Assist on M&A January 4, 2023 Paul Muolo Horn joined Guild in 2008 when the nonbank acquired his company, Liberty Financial Group...Read More