To its credit, the privately held Cenlar has made numerous moves to please the OCC.

Among the top 20 home lenders in 2024 just five were federally insured depositories.

Mortgage real estate investment trusts can still sell unsecured notes to investors, but it’s not as cheap as it was a few years back.

The warehouse lending business remains profitable, but that doesn’t mean the sector is without challenges. There’s been two recent exits, but on the plus-side, the nation’s ninth-largest warehouse shop has filed for an initial public offering with plans to quickly double its business.

Cenlar, a warehouse lender? It would like to be, but first the subservicing giant has to escape the regulatory jaws of the OCC.

With Acra and its owner, HPS Investment Partners, New York, slated to be sold to BlackRock later this year, Keith Lind, CEO of Acra, anticipates that insurance companies will be lining up to buy whole loans from the lender.

“It was an ‘AcquiHire’ type scenario,” said Rick Roque, an industry consultant who also holds the title of head of growth at NFM Lending.

Chase — the largest servicer in the nation — assigned a value of 140 basis points to its third-party servicing portfolio at Dec. 31.

Better Home & Finance recently unveiled a $25 million stock repurchase program.

Although Acra Lending could have new owners soon, it continues to strike partnerships. The latest one involves selling non-QMs to an insurance company.