Sales of mortgage servicing rights have been nothing short of stunning the past five quarters. Can the good times last? Yes, if prepayment speeds cooperate.
Mortgage servicing rights may not seem like a particularly tempting investment. But in these turbulent times they’re attracting new interest from the private equity world.
It should be a banner year for mergers and acquisitions in the residential finance space. Already, two deals have been announced, with more likely to follow.
The market isn’t viewing publicly traded mortgage lenders favorably these days and that’s a problem for the one remaining IPO/SPAC candidate: Better.com.
FDIC Chair Jelena McWilliams’ resignation clears the path for Democratic control of FDIC rulemaking, which could translate into tougher bank merger rules.