UWM presently uses two subservicing vendors to handle its monthly processing chores: Cenlar FSB and Mr. Cooper, the latter of which is being sold to Rocket.

Just $1.03 million of Ishbia’s pay was in the form of stock awards.

Incenter, like every advisory firm, sees a bull market for MSR sales.

Committee members want the OIG to determine whether Pulte has violated federal laws and regulations.

MBS trading increased in March, but not dramatically. Still, concerns persist, including Treasury yields bucking historical norms. Ginnie Mae delinquencies are also an issue.

First-quarter results are beginning to roll in — along with the news that servicing values were lower than at yearend. With MSR demand red hot, the industry isn’t losing any sleep.

The parent company of Better Mortgage reached an agreement with SoftBank to restructure debt, prompting a jump in Better’s stock price. However, Better’s cash reserves are dwindling.

PennyMac Financial earned $76.3 million in the first quarter of 2025, down 27.0% from the fourth quarter.

Rithm would like to spin off Newrez but, in general, the market hasn’t been treating mortgage equities very well these days.

At March 31, Dynex owned $8.4 billion in MBS compared to $7.5 billion at Dec. 31.