Short Takes: A GOS Improvement for Home Point / MSR Sale? / An Update From Impac / A Turn to Lead Gen March 9, 2023 Paul Muolo and Brandon Ivey Impac Mortgage is giving up its Fannie Mae/Freddie Mac seller-servicer designations...Read More
Subservicing Growth Tepid in 4Q22. A Temporary Lull? March 8, 2023 Paul Muolo Data point: Roughly 31% of all residential loans are subserviced by a vendor that doesn't own the servicing "strip"...Read More
Short Takes: Escrow Chief Leaves HMPT / Reducing Costs at Rocket / An Increase in Business / So, What Do You Think of the Fed’s Moves? / Salary Survey March 8, 2023 Paul Muolo Is the Fed right or wrong?Read More
CMG Adds to its Retail Network, Buys MSRs March 7, 2023 Paul Muolo CMG ranks 27th among home lenders, Homebridge 39th...Read More
MSR Offerings Sprout Up...Waiting on Home Point? March 7, 2023 Paul Muolo The market anticipates servicing sales news from Home Point...Read More
Home Point’s CFO Moves On, a Successor Is Sought March 6, 2023 Paul Muolo The Ann Arbor-based nonbank is scheduled to release fourth-quarter results Thursday morning.Read More
Short Takes: The Cloud Over Silvergate / Wind Down? / Occupancy Fraud and Jumbos / The Lows, Maybe / Impac? March 6, 2023 Paul Muolo and Brandon Ivey Have nonbank mortgage stocks hit a low yet? Maybe some...Read More
MSR Offerings Sprout Up … Waiting on the Big One March 3, 2023 Paul Muolo Servicing portfolios are available for purchase, including both government and conventional product. However, the market is waiting on news whether Home Point will continue to unload more of its holdings.Read More
Compensation for Rocket Interim CEO Emerson: $7.2 Million March 3, 2023 Paul Muolo Emerson has been with Rocket since 1993.Read More
Short Takes: Rocket and M&A / No Premium for Retail / A Steady Dividend / C-Suite Changes at APM March 3, 2023 Paul Muolo and Brandon Ivey The origination market being what it is, Rocket can pick up production assets on the cheap, a plus...Read More