Less Compensation in the Altisource C-Suite April 5, 2022 Paul Muolo Altisource, however, managed to turn a profit for the year by selling its artificial intelligence affiliate...Read More
Phoenix Selling Texas-Heavy Conventional and Government Product April 4, 2022 Paul Muolo Another day, another MSR auction...Read More
A Large GSE MSR Package Hits the Auction Circuit March 31, 2022 As interest rates rise, bids on MSRs continue to be strong...Read More
OCC Applying ‘Heightened Standards’ to Subservicing Giant Cenlar March 30, 2022 Paul Muolo This past fall, the OCC issued a consent order against Cenlar, citing “identified deficiencies” in regard to its subservicing business...Read More
Bump in Servicing Income Not Enough to Offset 4Q Production Drop March 30, 2022 Brandon Ivey The writing is on the wall: It's time for mortgage originators to cut costs...Read More
CFPB Applies 'Unfairness' Standard to Lenders, Servicers March 29, 2022 Sam Manas The Bradley law firm said it’s noteworthy how the definition of unfair acts or practices has changed...Read More
Phoenix Capital, Prestwick Announce Bulk MSR Auctions March 25, 2022 Paul Muolo With rates climbing, MSR sellers are at a distinct advantage, one that could last for some time...Read More
Agencies Took Larger Share of 1-4 Mortgage Debt in 2021 March 24, 2022 John Bancroft Freddie posted the bigger gain of the two with a hefty 18.5% surge in single-family MBS outstanding...Read More
Finance of America Selling MSRs March 24, 2022 FoA became public roughly a year ago via a special purpose acquisition company maneuver.Read More
Wither the Ginnie EBO Market? Not Quite March 23, 2022 Paul Muolo A few days earlier, Mortgage Industry Advisory Corp. unveiled a Ginnie EBO package with $1.11 billion of product.Read More
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