Servicing Paddles Harder to Keep Lenders Afloat in 3Q December 5, 2022 John Bancroft Three of the 22 companies reported net losses on production...Read More
Phoenix Out With Another MSR Deal, This One Top-Heavy With NY Product December 5, 2022 Paul Muolo The bid deadline is Dec. 6...Read More
Subservicing a Solid Option. However... December 2, 2022 John Bancroft “Now delinquencies are low,” said one executive, “but we think that in about two years it will be different.”Read More
Credit Problems on Private-Money Loans? Not Yet November 30, 2022 Paul Muolo At Sept. 30, FCI subserviced $16.9 billion of loans for others.Read More
Phoenix Offers GSE MSRs With a Mid-Atlantic Concentration November 29, 2022 Paul Muolo The seller wants to close the deal in early 2023...Read More
Lenders, Analysts Remain Nervous About Ginnie's Eligibility Rules November 28, 2022 John Bancroft The most controversial part of the scheme: a 250% risk weight on agency MSRs...Read More
Time for UWM to Move Servicing Inhouse? Not Really November 23, 2022 Paul Muolo loanDepot moved its servicing inhouse. UWM is sticking with its two subservicing vendors...Read More
Despite Market Churn, MSR Financing Is in Good Supply November 23, 2022 John Bancroft There haven’t been many capital markets deals lately because spreads are too wide, noted one panelist...Read More
Delinquencies Fall Yet Again, Reaching an All-Time Low November 23, 2022 Andras Malatinszky Mortgage late payments were down in all default categories in 3Q22, with the exception of the 60-90-day bucket...Read More
Additional Bulk Servicing Auctions Hit the Circuit November 23, 2022 Paul Muolo It may be Thanksgiving week, but Phoenix and Prestwick are out with new MSR offerings...Read More
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