Cenlar Launching Warehouse Lending and Conduit June 19, 2025 Paul Muolo Cenlar is building a new warehouse finance operation and mortgage conduit, adding to its leading subservicing offering.Read More
Another Consolidation Play: MSR Giant Bayview Buying Guild June 18, 2025 Paul Muolo On the M&A front, one analyst quipped, "Things are really starting to move!"Read More
Signs of Life in Warehouse Lending but No Boom June 18, 2025 Paul Muolo One financier said 70% of his customers are making money now, which wasn’t necessarily the case in the January-March period.Read More
Short Takes: No Changes at Guild? / Who’s Next? / ICE Launches APOR Calculation / Builder Blues / Freddie Interim Extends His Stay / Publishing Break June 18, 2025 Paul Muolo and Brandon Ivey How are residential construction folks feeling these days? Answer: Not so good...Read More
Nonbanks Tapping MSRs as Note Collateral June 12, 2025 Paul Muolo Mortgage servicing rights increasingly are serving as collateral for all sorts of financing for nonbank mortgage companies.Read More
Signs of Life in Warehouse Lending, But No Boom June 12, 2025 Paul Muolo Originations in the primary market are up, but not exactly flourishing. That’s so-so news for warehouse banks who — like everyone else — are waiting for interest rates to decline more dramatically. (Includes data table.)Read More
Mortgage Companies Seeing Higher Rates on Debt Notes June 12, 2025 Paul Muolo Mortgage companies continue to rely on institutional investors to purchase their corporate note offerings. But borrowing costs are on the rise.Read More
Subservicing Volume Increases Somewhat in First Quarter June 11, 2025 Paul Muolo Subservicers handled monthly processing work on 27.9% of outstanding residential loans as of the end of March.Read More
Servicing Sales Head North Once Again, Prices Too June 9, 2025 Paul Muolo Roughly $50 billion in product should find its way to new owners in the coming weeks.Read More
Green Shoots for GSE MBS Issuance. However... June 9, 2025 Paul Muolo The GSEs lost share to FHA and bank portfolios. Freddie Mac accounted for almost all of the decline.Read More