Loan buybacks haven't disappeared, but they are trending down
The loan repurchase trend that began to sting many mortgage originators in 2022 appears to finally be winding down.
Source: housingwire.com
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GSE repurchase risk is rippling through the MSR market
Elevated buyback pressure from Fannie and Freddie is particularly acute for small, struggling lenders seeking to sell mortgage-servicing rights (MSRs).
Source: yahoo.com
Surviving non-QM lenders are gaining business now
The uncertainty in the banking industry and the resulting pullback from the origination market has benefited non-QM players. But the ensuing secondary-market pricing pressure has also created liquidity woes and profit-margin challenges. Here's what non-QM lenders see on the horizon.
Source: housingwire.com
Voxtur agrees to exclusive partnership with servicing aggregator
He company's recently purchased subsidiary, Blue Water Financial, will provide tools for asset pricing, transfer, due diligence and other tasks to ease secondary market trading functions.
United States Alan Qureshi American Land Title Association Voxtur Analytics Corp Department Of Veterans Affairs Fannie Mae
Source: nationalmortgagenews.com
St. Louis Park fintech company Blue Water acquired in $101M deal
The deal by Voxtur includes $30 million in cash and the remainder in shares of Voxturs stock to Blue Waters shareholders.
Nick Smith Alan Qureshi Jim Albertelli Blue Water Financial Technologies Holding Co Blue Water Financial Technologies Holding Louis Park
Source: startribune.com
Voxtur to pay $101M to acquire MSR trading platform Blue Water
Voxtur Analytics Corp. has agreed to buy MSR trading platform Blue Water Financial Technologies for a cool $101 million.
Source: housingwire.com