It’s Official: Freedom Set to Buy RoundPoint, Creating a Top-10 Ranked Servicer May 24, 2019 Paul Muolo Earlier this month, Inside Mortgage Finance broke the news that the two firms were in talks...Read More
Falling Rates, a Thorn in the Side of MSR Sales May 22, 2019 Paul Muolo Mark Garland, executive vice president of MountainView Financial Solutions, is a firm believer that interest rates will stop declining at some point and the MSR sales machine will pick up a head of steam.Read More
Pretium Partners Eyeing Non-QM Lender Deephaven? May 21, 2019 Paul Muolo Last fall, Pretium made a big splash in the mortgage market, agreeing to buy Selene Holdings...Read More
Sources: Bids Due on Ditech Financial by Month’s End May 15, 2019 Paul Muolo Under supervision of the court, the Ditech franchise continues to operate, originating loans and servicing mortgages.Read More
Freedom in Serious Talks to Buy RoundPoint Mortgage May 8, 2019 Paul Muolo With RoundPoint Mortgage under its belt, Freedom would crack the top-10 ranking of residential servicers...Read More
What We’re Hearing: Perella Weinberg, the Treasury’s GSE Advisor? / Balancing the Congressional Equation / Calabria’s Plan of Action? / Wiping Out $200 Billion / Movement Buys Production in Alabama / loanDepot’s MSR Decline May 3, 2019 Paul Muolo Has the Treasury Department hired an advisory firm to assist on its GSE reform plan?Read More
Hedge Fund Exec Amasses (Small) Stake in Ocwen May 2, 2019 Paul Muolo A search of SEC records shows that Ocwen is not Martini’s first mortgage-related investment. In the past week, he’s owned a stake in Ditech Financial.Read More
New Residential Posts a $155M Profit, Keeps Gobbling Up MSRs May 1, 2019 Brandon Ivey New Residential acquired MSRs with a total unpaid principal balance of $49 billion in the first four months of 2019.Read More
In the Name of Nonbank Liquidity, Caliber CEO Das Floats GSE, FHLB Involvement April 30, 2019 Paul Muolo Nonbank liquidity: a real issue or something else?Read More
A Boom Year for M&A and MSR Sales? April 30, 2019 John Bancroft Declining interest rates have caused some MSR sellers to pause...Read More