Tag Archives: Xome

Xome’s DIY platform lets investors sell homes without an agent

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Homeowners can’t sell a primary residence through Xome’s seller portal without a listing agent, but can hire an agent on their own or ask Xome to match them with one. Continue reading →

Xome partners with Plunk to deliver investment property data

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Plunk’s repair and renovation analysis tools will serve investors who frequent Xome, which also markets nontraditional listings, such as auctions, foreclosures and other investor-minded assets. Continue reading →

Mr. Cooper lays out path to $1T mortgage servicing rights portfolio

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Rising mortgage rates have many lenders looking to sell servicing rights, creating an opportunity for a Dallas-based company that now collects payments on $870 billion in loans. Continue reading →

Hints of more layoffs loom at Mr. Cooper as profits wane in Q3

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While growing loan servicing business remains profitable, according to Q3 earnings, paper gains on servicing rights could evaporate if interest rates fall and borrowers refinance out of portfolio. Continue reading →

Mr. Cooper lays off originators while mortgage servicing business booms

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Citing impact of rising rates on mortgage originations, Mr. Cooper laid off 250 workers during the first quarter, with more reductions in store. Continue reading →