Sources: Bids Due on Ditech Financial by Month’s End May 15, 2019 Paul Muolo Under supervision of the court, the Ditech franchise continues to operate, originating loans and servicing mortgages.Read More
Freedom in Serious Talks to Buy RoundPoint Mortgage May 8, 2019 Paul Muolo With RoundPoint Mortgage under its belt, Freedom would crack the top-10 ranking of residential servicers...Read More
What We’re Hearing: Perella Weinberg, the Treasury’s GSE Advisor? / Balancing the Congressional Equation / Calabria’s Plan of Action? / Wiping Out $200 Billion / Movement Buys Production in Alabama / loanDepot’s MSR Decline May 3, 2019 Paul Muolo Has the Treasury Department hired an advisory firm to assist on its GSE reform plan?Read More
Hedge Fund Exec Amasses (Small) Stake in Ocwen May 2, 2019 Paul Muolo A search of SEC records shows that Ocwen is not Martini’s first mortgage-related investment. In the past week, he’s owned a stake in Ditech Financial.Read More
New Residential Posts a $155M Profit, Keeps Gobbling Up MSRs May 1, 2019 Brandon Ivey New Residential acquired MSRs with a total unpaid principal balance of $49 billion in the first four months of 2019.Read More
In the Name of Nonbank Liquidity, Caliber CEO Das Floats GSE, FHLB Involvement April 30, 2019 Paul Muolo Nonbank liquidity: a real issue or something else?Read More
A Boom Year for M&A and MSR Sales? April 30, 2019 John Bancroft Declining interest rates have caused some MSR sellers to pause...Read More
What We’re Hearing: Due Out Next Week: GSE Earnings / The Last Dividend Payment? / Maybe a Chance at Reform Legislation? / LendingTree’s Money Tree? / MIAC’s MSR Auction April 26, 2019 Paul Muolo Keep an eye on what the GSEs say about their dividend payment...Read More
MSR Sales (Transfers) Down Sharply in 1Q19 April 24, 2019 John Bancroft The top buyer in the MSR sector was Mr. Cooper Group… Read More
Short Takes: Believing in Big Payoff (Someday) / A Nice Return Based on 2019 Calculations / WMC Files for BK / Starting Out in Life as Weyerhaeuser / Two Lenders Form a Combo April 24, 2019 Paul Muolo Industry vets might recall that WMC started out in life as Weyerhaeuser Mortgage...Read More
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