Redwood Seeks Growth, May Abandon Its REIT Status September 27, 2021 Brandon Ivey The CEO detailed a variety of plans, from establishing asset management operations to venturing into home-equity products and expanding its footprint in business-purpose lending.Read More
Short Takes: Senate Set to Confirm Chopra at CFPB / US Bank to Buy MUFG / Rocket Upsizes Debt Offering September 22, 2021 Dennis Hollier and Brandon Ivey
Short Takes: Housing Market Slowing / Mr. Cooper Selling Field Services Unit / Freddie Selling NPLs / CFPB Signals Support for Renters September 20, 2021 Brandon Ivey The housing market is showing signs of a slowdown, according to an outlook from Fannie Mae.Read More
Details Out on Home Point’s $15 Billion MSR Auction September 17, 2021 Paul Muolo Home Point, which went public earlier this year, has been the subject of recent downgrades...Read More
Fannie/Freddie MSR Package Available for Purchase September 16, 2021 Paul Muolo Bulk MSR auctions have been slow of late, with some participants reporting an increase in privately negotiated transactions.Read More
Prestwick Offers Up Fannie/Freddie MSRs September 14, 2021 Paul Muolo There are plenty of servicing buyers, but sellers are scarce right now...Read More
Worries Over the Ginnie RFI and MSR Values? Maybe Not... September 9, 2021 Paul Muolo What happened? Servicing advisors sharpened their pencils, studied the proposal and concluded it won’t be so bad after all.Read More
Redwood Teams with Frontiers on Venture Capital Investing September 7, 2021 Brandon Ivey Prior to the partnership, Redwood's RWT Horizons made investments in eight early-stage companies.Read More
Phoenix Offering Ginnie Bulk/Flow MSR Combo September 7, 2021 Paul Muolo When all is said and done, the buyer could wind up with $2.12 billion worth of government product.Read More
Fannie/Freddie Servicing Rights Up for Grabs August 31, 2021 Paul Muolo Final bids on the MSR package are due Sept. 2...Read More