NYSE Suspends Trading in Ditech, Nation’s 13th Largest Servicer November 7, 2018 Paul Muolo Ditech said it has no plans to appeal the NYSE’s decision.Read More
Ocwen’s New CEO Talks About Severance Payments, but Growth Too November 7, 2018 Paul Muolo Ocwen CEO Glen Messina: "Having completed the merger, we now have unrestricted access to PHH employees..."Read More
Mutual of Omaha’s MB Inks Deal to Buy Assets of BBMC November 5, 2018 Paul Muolo No details were provided regarding the assets that Synergy will take on…Read More
What We’re Hearing: The Strange Case of Fannie Mae and Freddie Mac / Pro-Pilot Programs / Warren Buffett and the GSEs / Mortgage Recruiter by Day, Opera Singer by Night / Lima One Makes its Move / Magnetar? November 2, 2018 Paul Muolo A huge non-QM expansion for Athas Capital?Read More
New Residential Readies Additional Offering of Stock. MSRs on the Shopping List? November 1, 2018 Paul Muolo According to Inside Mortgage Finance, New Residential ranks fifth among all residential servicers with a $384.0 billion portfolio at Sept. 30.Read More
First Pacific Advisors Discloses a 30.9 Percent Stake in Ditech November 1, 2018 Paul Muolo First Pacific is an institutional money management firm...Read More
MIAC, Phoenix Capital Out with New MSR Offerings October 31, 2018 Paul Muolo According to the offering circular, the portfolio is top-heavy with Ginnie product... Read More
MSR Transfers Boomed in 3Q18, Aided by Franklin American Sale October 29, 2018 John Bancroft The top five bulk MSR transfers were led by Franklin American, followed by Stearns, loanDepot, Flagstar and United Shore/United Wholesale Mortgage…Read More
Prestwick Announces Auction of GSE, Private Investor MSRs October 29, 2018 Paul Muolo Fannie Mae receivables dominate the package at $70.9 million...Read More
Incenter Announces Large MSR Auction October 26, 2018 Paul Muolo Loans from California account for the largest chunk of receivables at 18.3 percent...Read More
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