A year of transition? Tough times require action on the part of mortgage CEOs. Some shops are adding new products and branch networks. Others are pulling the layoff lever.
Rocket is the largest home lender in the land but ranks fifth among servicers. Does it have designs on being the number-one servicing shop too? Hard to say.
The first quarter ends in a few weeks and so far no top-ranked lenders have announced plans to sell. Is it just a matter of time or is something else afoot?
Bidders continue to sidle up to the MSR auction bar as interest rates move higher. Are premium prices beginning to waiver? We’re not there yet but sometimes the market can turn on a dime.
Sales of mortgage servicing rights have been nothing short of stunning the past five quarters. Can the good times last? Yes, if prepayment speeds cooperate.