Appraisal Buzz

JULY 7, 2021

Mortgage servicer unloads its Champion Mortgage portfolio to Mortgage Assets Management in order to focus on its core origination and servicing segments. The post Mr. Cooper Sells Off Its Reverse Servicing Portfolio appeared first on DSNews.

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Appraisal Mortgage 352

Housing Wire

APRIL 28, 2022

Ocwen added $20 billion to its servicing portfolio during the first quarter. The post Servicing portfolio propels Ocwen to profitability in Q1 appeared first on HousingWire. MSR fair value gains more than offset a pre-tax loss in forward originations.” .

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Housing Wire

AUGUST 26, 2022

Polly, a software-as-service mortgage technology firm that operates a loan-trading platform, extended its Application Programming Interface (API) portfolio to better accommodate lenders amid a contracting mortgage environment. The post Polly extends API portfolio as lenders look to streamline appeared first on HousingWire.

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Insurance Technology Contracts Mortgage 362

Appraisal Buzz

DECEMBER 2, 2021

Previously operating under the Champion Mortgage brand, Mr. Cooper Group has completed the sale of its reverse portfolio to Mortgage Assets Management, LLC and its affiliates. The post Mr. Cooper Sells Reverse Servicing Portfolio appeared first on DSNews.

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Appraisal Mortgage 195

Housing Wire

NOVEMBER 15, 2021

The reverse mortgage portion of the Federal Housing Administration’s Mutual Mortgage Insurance Fund (MMIF) has reached a positive capital ratio on the overall government-backed portfolio, according to an annual actuarial review of the fund’s finances and FHA’s Annual Report to Congress, both released Monday morning.

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Mortgage Insurance Finance Development 347

Appraisal Buzz

MARCH 22, 2022

The post Mr. Cooper Acquires Residential Portfolio of Community Loan Servicing appeared first on DSNews. The post Mr. Cooper Acquires Residential Portfolio of Community Loan Servicing appeared first on Appraisal Buzz. Cooper Group will add more than 500 CLS employees to its team under new deal.

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Appraisal Buzz

SEPTEMBER 13, 2022

Ginnie Mae’s mortgage-backed securities outstanding portfolio grew for the 14th consecutive month in August, hitting $2.269 trillion, up from $2.248 trillion in July, and $2.119 trillion last year. New MBS issuance for August was … The post Ginnie Mae MBS Portfolio Expands to $2.3T The post Ginnie Mae MBS Portfolio Expands to $2.3T

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Government Appraisal Mortgage Marketing 150

Appraisal Buzz

DECEMBER 3, 2021

has completed the sale of its reverse mortgage servicing portfolio, operating under the Champion Mortgage brand, to Mortgage Assets Management LLC and its affiliates. Cooper Group Inc.

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Mortgage Business Appraisal 195

Appraisal Buzz

AUGUST 25, 2022

Ginnie Mae’s outstanding mortgage-backed securities portfolio grew for the 13th consecutive month in July, hitting $2.252 trillion, up from $2.229 trillion in June and $2.117 trillion one year ago. Growth in the portfolio was fueled by steady new issuance of Ginnie Mae MBS as homeowners found value in the government-backed mortgage market.

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Government Appraisal Mortgage Marketing 150

Appraisal Buzz

OCTOBER 13, 2022

Ginnie Mae’s MBS portfolio grew for the 15th consecutive month in September, ending the fiscal year at nearly $2.3 The post Ginnie Mae MBS Portfolio Outstanding Expands to Nearly $2.3T Alongside financing more than 143,000 homeowners and renters, Ginnie Mae MBS supported financing for more than 64,000 first-time homebuyers last month.

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Finance Appraisal 150

Appraisal Buzz

MARCH 21, 2022

The post Forbearance Portfolio Volume Slides for 21st Straight Month appeared first on DSNews. The post Forbearance Portfolio Volume Slides for 21st Straight Month appeared first on Appraisal Buzz. The number of U.S.

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Appraisal 150

Appraisal Buzz

OCTOBER 26, 2021

The post Solid Q3 Servicing Portfolio Powers Planet Financial appeared first on DSNews. The post Solid Q3 Servicing Portfolio Powers Planet Financial appeared first on Appraisal Buzz.

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Appraisal 195

Appraisal Buzz

NOVEMBER 11, 2021

The post Sourcepoint Acquires The StoneHill Group to Enhance Mortgage Portfolio appeared first on Appraisal Buzz. . “This acquisition is very complementary and provides us adjacent capabilities in the mortgage value chain,” says Vipul Khanna, MD, and CEO of Firstsource Solutions.

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Mortgage Appraisal Marketing 195

Appraisal Buzz

MARCH 11, 2022

The post Managing Pipeline and Portfolio Risk Amid Accelerating Mega-Disasters appeared first on DSNews. The post Managing Pipeline and Portfolio Risk Amid Accelerating Mega-Disasters appeared first on Appraisal Buzz.

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Technology Appraisal 150

Appraisal Buzz

JUNE 17, 2022

The post Ginnie Mae MBS Portfolio Growth Exceeds $2.2T, Extends Covid Relief appeared first on DSNews. The post Ginnie Mae MBS Portfolio Growth Exceeds $2.2T, Extends Covid Relief appeared first on Appraisal Buzz. May’s MBS issuance total brings Ginnie Mae’s MBS program balance to $2.216 trillion, the highest in the agency’s history.

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Appraisal 150

Inman

MARCH 28, 2023

But what’s the best way to go about increasing your portfolio, and how do you know if you’re making the right choices? The best way to grow your real estate income is to increase your number of property holdings.

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Investing Real Estate Lending Agents 145

Appraisal Buzz

DECEMBER 1, 2021

The post LoanLogics Expands its Portfolio of Origination Tools with Acquisition of LoanBeam appeared first on Appraisal Buzz. LoanBeam’s products enable mortgage lenders to get upfront borrower income validation from any income source, cutting days out of the risk review process, the company says in a release.

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Tools Technology Government Appraisal 195

Housing Wire

APRIL 1, 2021

Boston National Title (BNT), founded in 2006, offers servicing solutions to help ensure loan portfolios meet investor expectations and are both in compliance with regulatory requirements and within the risk tolerance of the GSEs. In addition, BNT cleans up the title on “scratch and dent” loans in MSR portfolios.

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Clients Investors Agents Design 215

Housing Wire

APRIL 24, 2024

Pennymac’s servicing portfolio continues to grow. Its owned mortgage servicing rights (MSR) portfolio had a UPB of $386.6 We have built a really great model in terms of growing the servicing portfolio as a byproduct of our organic growth strategy,” Spector said. I don’t see a melting ice cube scenario anytime in the future.”

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Lending Legal Contracts Mortgage 391

Housing Wire

FEBRUARY 22, 2024

Processes and risks In December 2022, Ginnie Mae seized RMF’s HMBS portfolio due to the company’s bankruptcy, and the resulting stresses contributed to the decision to investigate, Oliver Davis explained at the time. It is well known that GNMA’s onboarding of RMF’s portfolio caused significant stress for their operations.”

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Government Mortgage Investors Finance 374

BiggerPockets

JANUARY 10, 2024

Building a portfolio strategy doesn't have to be difficult. Here's how I'm expanding my portfolio this year. It just requires a little thought and time.

Business 81

Business Real Estate 81

Housing Wire

JANUARY 10, 2024

TransUnion released a new portfolio management solution designed to help lenders assess the riskiness of a portfolio from a property value perspective, the company announced on Wednesday. The company has now extended its service to portfolio management. TransUnion is one of the major consumer credit reporting agencies.

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Tools Design Mortgage Loan Officers 420

BiggerPockets

FEBRUARY 18, 2024

Reaching financial freedom in ten years or less with a small real estate portfolio!? While it might seem like a lofty goal, it’s very doable when you maximize your cash […]

Real Estate 76

Real Estate 76

BiggerPockets

APRIL 3, 2024

Why are David and Rob selling off parts of their rental portfolios? It’s a new season, and you know what that means—spring cleaning! And if you’ve got underperforming properties, a […]

Real Estate 48

Real Estate 48

Housing Wire

JANUARY 30, 2024

The firm’s CEO, Bill Greenberg, told analysts that the company’s focus is to “develop a best-in-class direct-to-consumer originations channel to provide recapture” on the company’s servicing portfolio , which totaled $3 billion as of Dec. It gives the company some time to build the origination channel from scratch.

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Investing Retail Real Estate Mortgage 350

Housing Wire

FEBRUARY 15, 2024

Aiming to take the company public next year, Healing Realty Trust will tap into Banosian’s network of big banks as well as investors to grow its portfolio. As we continue to grow our portfolio, we’ll use equity as well as debt … a lot of the banks that he works with also do commercial lending. Shant has an incredible network.

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Realty Loan Officers Retail Real Estate 356

Housing Wire

MARCH 28, 2024

OIG Rae Oliver Davis said at the time that the inquiry was being initiated “because extinguishing issuers and seizing their portfolios places significant stress on Ginnie Mae’s operations.” It’s also important to know about the RMF assets that Ginnie Mae is now servicing, since they have never extinguished an HMBS portfolio previously.

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Mortgage Development 391

Inman

APRIL 3, 2024

The mansion marks the Amazon founder's third such purchase on Indian Creek Island, an exclusive enclave in Miami with limited availability.

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Marketing 127

Housing Wire

OCTOBER 11, 2023

The deal will add a mortgage servicing rights (MSR) portfolio of about $136 billion in unpaid principal balance to Rithm. It includes $85 billion in third-party servicing and the SLS MSR portfolio. 10-12 at the Hyatt Lost Pines. That’s our core strategy from a growth perspective,” Silverstein added.

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Retail Business Real Estate Investors 433

Housing Wire

FEBRUARY 28, 2024

UWM’s servicing portfolio ended the fourth quarter of 2023 at $299.4 The portfolio increased compared to the third quarter of 2023, when it was at $281.4 Chief financial officcer Andrew Hubacker told analysts that unlike some of the UWM’s competitors, the lender has “not historically specifically hedged the MSR portfolio.”

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Mortgage Inventory Marketing Lending 410

Housing Wire

FEBRUARY 7, 2024

According to a Bloomberg report, the bank has already started to offer its mortgage assets to investors in order to transfer the portfolio risks. Bloomberg, citing anonymous sources, reported that NYCB has contacted investors to finance a large portfolio of residential mortgages held by Flagstar Bank. billion in mortgages in 2023.

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Mortgage Marketing Investors Real Estate 391

BiggerPockets

OCTOBER 23, 2023

We interviewed three pro real estate investors and asked how they diversify their portfolios. As the saying goes, don't put all of your eggs into one basket. Here's what they said.

Real Estate 76

Real Estate Investors Investing 76

Housing Wire

FEBRUARY 1, 2024

NewRez is among the industry’s largest holders of mortgage servicing rights (MSR), with a portfolio that clocked in at $452 billion in unpaid balance as of January, per Recursion estimates. Much of the appeal was tied Caliber’s servicing portfolio.

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Retail Loan Officers Business Real Estate 407

Housing Wire

MARCH 5, 2024

Furthermore, issuers that subservice for others must specify whether the incident pertains to their own portfolio or subserviced portfolios. Upon notification, Ginnie Mae will seek additional information and assess the necessary level of engagement to contain the incident.

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Insurance Government Investors Finance 381

Housing Wire

APRIL 6, 2023

The Federal Deposit Insurance Corporation (FDIC) has decided, in a “gradual and orderly” move, to sell a portfolio of $114 billion in mortgage-backed securities (MBS) it retained after seizing control of failed regional banks Signature Bank and Silicon Valley Bank (SVB). To illustrate, SVB failed to raise capital to plug a $1.8

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Insurance Investing Brokerage Mortgage 322

Housing Wire

APRIL 17, 2024

Nearly half (48%) of a $65 billion portfolio of loans processed during the first quarter of 2024 contained vulnerabilities to wire and title fraud , according to a report released Wednesday by FundingShield. The portfolio of loans examined included residential, commercial investor and business purpose loans.

Insurance 443

Insurance Agents Tools Legal 443

BiggerPockets

AUGUST 9, 2023

Want to build a million-dollar real estate portfolio? We’ve got good news for you! You DON’T have to rush full-steam ahead, buying every property that crosses your path to reach […]

Real Estate 64

Real Estate 64