Even as mortgage servicing rights transfers set new records, the sheer number of loans on the books represents a positive opportunity in this year of transition following the past couple years of peak origination volumes. But as the pace and pressure of the MSR market grows, so does the potential risk for both sellers and buyers. For many lenders, selling bulk MSRs generates revenue that they can reinvest in originating new loan products to support changing borrower needs. For bulk MSR buyers,...
Even as mortgage servicing rights transfers set new records, the sheer number of loans on the books represents a positive opportunity in this year of transition following the past couple years of peak origination volumes. But as the pace and pressure of the MSR market grows, so does the potential risk for both sellers and buyers. For many lenders, selling bulk MSRs generates revenue that they can reinvest in originating new loan products to support changing borrower needs. For bulk MSR buyers,...
At the Mortgage Bankers Association Secondary Conference this week, issuers noted their concern about rising delinquency levels, accusations of racial bias in lending, and whether regulators in Albany and Washington are preparing a new campaign against “abuses” in mortgage servicing, the chairman…
At the Mortgage Bankers Association Secondary Conference this week, issuers noted their concern about rising delinquency levels, accusations of racial bias in lending, and whether regulators in Albany and Washington are preparing a new campaign against “abuses” in mortgage servicing, the chairman…
Prestwick Mortgage Group is out with three new MSR offerings for agency loan pools valued in total at $2.6 billion.
The post Prestwick adding more fuel to a hot MSR market appeared first on HousingWire.
Prestwick Mortgage Group is out with three new MSR offerings for agency loan pools valued in total at $2.6 billion.
The post Prestwick adding more fuel to a hot MSR market appeared first on HousingWire.
Four new mortgage-servicing rights (MSR) offerings for agency loan portfolios valued at some $3.7 billion hit the market as the third quarter of the year kicked off. Alexandria, Virginia-based advisory and brokerage firm Prestwick Mortgage Group, along with its strategic partner, San Diego-based Mortgage Capital Trading (MCT), recently released bid documents for two separate MSR offerings involving loan […]
The post MSR market picks up in Q3 where Q2 left off: Hot appeared first on HousingW...
Four new mortgage-servicing rights (MSR) offerings for agency loan portfolios valued at some $3.7 billion hit the market as the third quarter of the year kicked off. Alexandria, Virginia-based advisory and brokerage firm Prestwick Mortgage Group, along with its strategic partner, San Diego-based Mortgage Capital Trading (MCT), recently released bid documents for two separate MSR offerings involving loan […]
The post MSR market picks up in Q3 where Q2 left off: Hot appeared first on HousingW...
Unlock Technologies, a fintech operating in the shared-equity market, and real estate investment firm Saluda Grade, have closed a $180 million PLS-backed entirely by Unlock-originated residential home-equity agreements.
The post Hot home-equity market fueling securitization deals appeared first on HousingWire.
Unlock Technologies, a fintech operating in the shared-equity market, and real estate investment firm Saluda Grade, have closed a $180 million PLS-backed entirely by Unlock-originated residential home-equity agreements.
The post Hot home-equity market fueling securitization deals appeared first on HousingWire.
