IMA Rolls Out Fannie/Freddie MSR Offering November 19, 2021 Paul Muolo Looking to buy mortgage servicing rights? You're not alone...Read More
Feds, States Reinstate Pre-COVID Mortgage Servicing Rules November 19, 2021 Sam Manas Although back to flexing their regulatory muscle, the agencies have promised a take a more nuanced approach...Read More
Bulk MSR Deals from IMA and Phoenix November 16, 2021 Paul Muolo With yearend approaching, more MSR auctions are expected...Read More
The Roundup: Nonbank Earnings Rally in 3Q21, GOS Margins Widen November 15, 2021 John Bancroft The industry wasn’t exactly partying like it was 2020, but last year was a hard act to follow.Read More
Delinquency Rate Ticks Up in Third Quarter. Meaning? November 12, 2021 Brandon Ivey Reasons? Many borrowers are reaching the end of their forbearance periods...Read More
Pricing Dispute Prompts Pause in Ocwen’s Clean-Up Calls November 12, 2021 Brandon Ivey According to the Oakleaf Group, an analytics firm, governing documents for many non-agency MBS don’t include an explanation on how to calculate the fair market value...Read More
Cenlar's Subservicing Clients Weighing Their Options November 11, 2021 Paul Muolo One of Cenlar's subservicing clients is United Wholesale Mortgage...Read More
An Earnings Rebound for Guild Amid Stronger Originations, Weaker GOS November 11, 2021 Paul Muolo In 3Q21, 61% of Guild's fundings were purchase-related as opposed to refis...Read More
Mortgage-Related Complaints Fall Across the Board November 10, 2021 Brandon Ivey Complaints regarding loan closings declined at the fastest rate during the third quarter...Read More
UWM’s 3Q: Record Originations, Improved Earnings and a Swipe at its Competitors November 9, 2021 Paul Muolo The Pontiac, MI-based lender is forecasting 4Q originations of $52.0 billion to $60.0 billion and a GOS of 85 to 105 bps.Read More
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