A Bulk Auction of Fannie/Freddie Product January 3, 2023 Paul Muolo The average size of the New York/New Jersey loans is $493,729...Read More
In the Market for MSRs Backed by HECMs? You’re in Luck… December 29, 2022 Paul Muolo The portfolio is currently being subserviced by Compu-Link...Read More
Black Knight Exec Gets Merger Bonus Early December 27, 2022 Sam Manas The bonus was previously disclosed but the payment is being accelerated...Read More
It’s Official: Union Home Buys AmeriFirst. MSRs Headed to a Third Party December 22, 2022 Paul Muolo AmeriFirst's servicing rights will go to a third party...Read More
Grapevine: Go Figure, SPAC Hits Turbulence; New Employment Contracts for PFSI Chiefs December 22, 2022 Paul Muolo It looks like Figure’s mortgage-warehouse-bank-related SPAC has hit the wall; PennyMac’s brain trust has new employment contracts.Read More
Go Figure, a Mortgage-Related SPAC Hits the Wall December 21, 2022 Paul Muolo FAC is headed by financial services fintech pioneer Mike Cagney...Read More
An M&A Deal Brewing Between Union Home and AmeriFirst? December 20, 2022 Paul Muolo Union Home ranks 63rd among single-family originators...Read More
MSR Sales Should be Strong Next Year. Caveats? December 19, 2022 Paul Muolo IMA's Tom Piercy is forecasting that a robust volume of product will hit the auction circuit next year...Read More
Brokerage UMortgage is Busy Kicking Some M&A Tires December 19, 2022 Paul Muolo After the NXT deal is completed, UMortgage will have 239 loan originators in 47 states...Read More
A Real Head Scratcher: A Figure-Bank-Warehouse SPAC? December 16, 2022 Paul Muolo The combined entity would be public, allowing FAC’s investors to cash out.Read More