fromwww.housingwire.com1 day agoAnalysts split on what happens next with RocketMr. Cooper servicing bookFHFA approved Rocket's acquisition of Mr. Cooper but imposed a 20% cap on Fannie/Freddie servicing exposure, constraining combined servicing and subservicing market share.
SF real estatefromwww.housingwire.com2 months agoRocket, PennyMac price new debt offeringsFitch Ratings assigned a BBB- rating to Rocket's notes; leverage profile remains stable post-acquisition.PennyMac's $100 million note issuance reflects a strategy to diversify funding and strengthen its mortgage servicing capabilities.
Startup companiesfromwww.housingwire.com3 months agoMortgage subservicing is having a makeover momentHigh interest rates have increased the value of mortgage servicing rights, but the overall subservicing market is stagnating.
SF real estatefromwww.housingwire.com3 months agoThe mortgage servicing rights market is boomingInvestors seek MSRs for borrower recapture and stable returns amidst rising mortgage rates.