The answer to that question is no – probably. As we’ve reported before, private equity firms have been eyeing the mortgage market for the past two years – in particular MSRs. But here’s the catch: although there has been plenty of ‘talk,’ no household name PE firms (if there is such a thing) have taken the bait. Bain Capital is a well managed firm that has been successful, no doubt. (Heck, it’s headed by some guy who’s running for president and whose success is under attack by liberals.) But we’re told that one of these days – very soon – a somewhat well known PE firm is going to make a big splash in MSRs. We are holding our breath.
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The newest version of the House housing bill would make a ban on institutional investors owning some homes less harsh than the Senate version by removing a seven year mandate on selling build-to-rent homes.
7h ago -
Economic uncertainty and higher rates in April contributed to the first decline in applications for new homes on an annual basis since October.
8h ago -
Eligible buyers and sellers can save up to $20,000 on their next home when they transact with a Redfin agent and finance with Rocket Mortgage.
10h ago -
Inflation and a possible Fed move impacting rates are concerns that product innovation and housing policy can help with, leaders said at an industry meeting.
11h ago -
The delay preserves a lifeline for competing bidder United Wholesale Mortgage, which previously reached an agreement to acquire the servicer last year.
11h ago -
Executives from Guild and NewRez discussed the steps they are taking as participants in the pilot phase of the roll out of VantageScore 4.0 and FICO 10T.
May 19








