Phoenix Sets Bulk/Flow MSR Auction March 21, 2022 Paul Muolo The selling institution is a retail specialist...Read More
What's Rocket Going to Do With All That Cash? (Buy MSRs) March 16, 2022 Paul Muolo Rocket has been described by some as a sophisticated investor in mortgage servicing rights...Read More
A Ginnie EBO Portfolio Hits the Auction Circuit March 14, 2022 Paul Muolo Bids on the whole loan package are due by St. Patrick's Day...Read More
Mortgage-Related REITs Scale Back Agency MBS, Lean to Non-Agency March 11, 2022 John Bancroft Most of the decline was in portfolio holdings of mainstream agency MBS...Read More
COVID-Era Non-QM Delinquencies? Never Mind... March 10, 2022 Brandon Ivey dv01 looked at loan-level performance data for 1,610 non-QMs with an unpaid principal balance of nearly $800 million...Read More
Advisory Firm Sets Auction of Fannie/Freddie Product March 10, 2022 Paul Muolo The portfolio has estimated average escrow balances of $17.7 million.Read More
Nonprime Servicers Expand Portfolios in 2021 March 8, 2022 Brandon Ivey Select Portfolio Servicing remained the largest nonprime servicer at yearend with estimated balances of $133.0 billion...Read More
Fannie, Freddie Servicing Rights Go Out For Bid March 8, 2022 Paul Muolo Final bids are due in mid March.Read More
Subservicing Continues to Spread, Posts Steady Gains in 4Q March 7, 2022 More private equity shops, such as Marlin Mortgage Capital, are entering the MSR ownership circle but want someone else to process their loans...Read More
As Regulators Focus on Nonbanks, A Turf War May Emerge March 3, 2022 Brandon Ivey On the horizon: a possible regulatory turf war...Read More