Tag Archives: mortgage servicing rights

Mr. Cooper’s share price soars with $1T servicing portfolio in sight

By | | Uncategorized
Comments Off on Mr. Cooper’s share price soars with $1T servicing portfolio in sight

Thanks to its Home Point Capital acquisition and other pending transactions, the loan servicing giant delivered upbeat Q2 results Wednesday and expects to hit a $1 trillion target by year’s end. Continue reading →

Planet Home Lending acquires $10B in mortgage servicing rights

By | | Uncategorized
Comments Off on Planet Home Lending acquires $10B in mortgage servicing rights

The bulk acquisition of servicing rights to 45,000 Ginnie Mae loans brings Planet’s servicing portfolio to $94 billion, with more purchases eyed for 2023. Continue reading →

Mr. Cooper closing in on $1T portfolio with Home Point deal

By | | Uncategorized
Comments Off on Mr. Cooper closing in on $1T portfolio with Home Point deal

After selling off originations businesses and laying off thousands, Home Point will sell $84 billion in mortgage servicing rights for $324 million in cash. Continue reading →

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

By | | Uncategorized
Comments Off on Mr. Cooper lays out path to $1T mortgage servicing rights portfolio

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 →