Garg Out (for Now) as CEO of Better.com; Review Under Way December 10, 2021 Paul Muolo A public company, Aurora, meanwhile, filed no notice with the SEC on Garg’s departure.Read More
Long Odds of Better.com Becoming a Public Entity? December 9, 2021 On paper, Better.com is worth more than PennyMac Financial Services, but will investors buy that argument?Read More
GSE Servicing Rights Up for Grabs December 6, 2021 Paul Muolo Servicing prices are the best they've been all year.Read More
MSR Transfer Pipeline Clogged with Too Many Deals November 29, 2021 Paul Muolo Bottom line: The demand for product has never been better — thanks to rising interest rates, slowing prepayments and institutional investors hunting for yield.Read More
Banks Grow Portfolios of Loans Serviced for Others November 29, 2021 John Bancroft Truist Bank boosted its SFO accounts by $20.12 billion during the third quarter...Read More
Up for Grabs: A $1B Ginnie Portfolio. But Can You Close by Yearend? November 23, 2021 Paul Muolo The package is top-heavy in California product at 27%. Florida is next at 17%...Read More
IMA Rolls Out Fannie/Freddie MSR Offering November 19, 2021 Paul Muolo Looking to buy mortgage servicing rights? You're not alone...Read More
Commercial REIT Stays Busy with Multiple Deals November 17, 2021 Paul Muolo An analysis of the Mosaic transaction by research firm BTIG views the acquisition positively...Read More
Bulk MSR Deals from IMA and Phoenix November 16, 2021 Paul Muolo With yearend approaching, more MSR auctions are expected...Read More
A Strong Earnings Turnaround for Home Point as Firm Sells MSRs, Pays Dividend November 4, 2021 Paul Muolo The lender's gain-on-sale margin totaled 84 basis points compared to just 58 bps in the second quarter.Read More
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