Grapevine: More MSR Deals / Zillow’s Fix-n-Flip Mess November 4, 2021 Paul Muolo and Dennis Hollier The thirst for mortgage servicing rights continues, be it bulk or flow. Meanwhile, Zillow’s foray into fix-and-flip did not end well.Read More
Pretium’s Purchase of Fix-n-Flip Lender Included a Huge Chunk of Whole Loans November 3, 2021 Paul Muolo Anchor was owned by Wafra Capital Partners...Read More
And the Winning Bidder on the Home Point Portfolio Is… November 3, 2021 Paul Muolo Looking to sell mortgage servicing rights? Now might be a good time...Read More
A Strong 3Q21 Showing for New Residential as GOS Heads North November 2, 2021 Paul Muolo At Sept. 30, New Residential valued its portfolio of mortgage servicing rights at $6.56 billion...Read More
Short Takes: Another Acquisition for Pretium / Anchor’s History / Amazon and Mortgages / Rocket and Salesforce / More Disclosures for Fannie and Freddie November 2, 2021 Paul Muolo and Dennis Hollier Anchor said roughly 95% of its loans are made to established borrowers who have completed more than 40 projects apiece.Read More
Short Takes: The Home Point MSR Sale? / SitusAMC Staffs Up / Non-QM Prices? / loanDepot a Buyer of Others? / LD’s Stock Price Spikes November 1, 2021 Paul Muolo Off like a rocket today: loanDepot's stock price...Read More
A Strong Profit for loanDepot as GOS Improves. Company Promises New Products November 1, 2021 Paul Muolo
Earnings Decline for the GSEs in 3Q but Net Worth Keeps Heading North October 29, 2021 Paul Muolo and Dennis Hollier Wards of the Uncle Sam since the fall of 2008, these days the two government-sponsored enterprises are considered instrumentalities of the executive branch with little prospect of their conservatorships ending.Read More
Suddenly, Everyone Loves MSRs, Even Banks and PE Firms October 29, 2021 Paul Muolo MSRs are red hot. A lasting thing?Read More
Another Title Giant Enters the Subservicing Arena October 29, 2021 Paul Muolo ServiceMac is the second large subservicer to be sold to a title giant in less than three years. The reason: Title shops love fee-based businesses.Read More