A revival could be underway in bulk MSR sales but the real fireworks may come in the first quarter of 2021. Pricing? It’s headed north, at least for GSE product.

Servicing advisors are using the phrase “green shoots” to describe what looks like a revival in MSR sales. But don’t pop the champagne quite yet.

It’s been a quiet year for mortgage-related M&A. (Credit the pandemic and the resulting refi boom.) Meanwhile, some ponder what a normal origination year might look like.

A funny thing happened to loanDepot on its way to a supposed initial public offering: A debt offering. Yield? We don’t know.

Wall Street is pitching mortgage IPOs left and right these days, but not everyone is taking the bait. Case in point: Freedom Mortgage.

Mortgage originators are so plush with profits that very few need to sell MSRs. Still, servicing deals are getting done. But pricing isn’t exactly robust.

Mortgage origination profits haven’t been this good in decades. Gain-on-sale margins of 600 bps on government loans? At some shops, yes.

The nation’s largest table-funder, UWM will become a public company via a SPAC. When’s the last time a wholesale-only lender went public? Decades.

The mortgage data provider said the sweetened offer of $66 a share is still significantly low. The vendor also refused a request for due diligence from the investor group.