This year has drastically changed the retention strategy for many MSR originators, and many now have the largest value of MSRs on their balance sheet that they have seen in recent memory. As the MSR asset continues to grow, it…
When is the Right Time for a Bulk MSR Sale?
Ensuring Our Customer a $200M Sale
PHOENIX is very excited to highlight our recently completed seasoned, prime jumbo whole loan sale. At the end of the 3rd QTR, PHOENIX was able to ensure that our client, a publicly-traded banking institution, completed a nearly $200M sale. Our…
Scratch and Dent Documents a Mess?
PHOENIX’s Loan Sale Advisory (LSA) is an ideal solution to help facilitate your upcoming loan sale. PHOENIX will assist in providing portfolio assessment, pre-sale deal preparation, marketing, in-depth transaction support and closing services. By performing detailed data and document analysis…
Over the Horizon: Finding Growth Beyond the Refi Boom
On Thursday, October 8th, PHOENIX’s Stephen Fleming and Brian Cerise, along with the MAXEX team, participated in discussing execution options in Jumbo, Non-QM, and other critical non-agency secondary markets. To access the webinar recording, please enter your name and email, and click on “Access…
More MSR Buyers Than Ever In The Flow Market?
Buyer participation in the GSE MSR flow market is as strong as ever, with PHOENIX receiving 13+ bids on several recent exclusive co-issue offerings. Buyer demand and increased competition from new and established buyers have continued to elevate flow multiples,…
COVID-19 Impact on Scratch & Dent Trading and Where We Go Next
Presented by The Mortgage Collaborative, PHOENIX’s Brian Cerise, Jason Eisendrath, and Kelton Carter for a discussion that will provide impactful knowledge and practical observations on loan trading in today’s environment. This discussion aims to assist with scratch and dent best…
PHOENIX Employee Highlight: Doug Krueger
Fresh off a successful four-month engagement filling in as Chief Investment Officer at a large bank-owned Mortgage Company during the height of the COVID-19 crises, PHOENIX’s Capital Market expert, Doug Krueger, is here to serve the needs of the Mortgage…
TMConnect: Capital Markets State of the Market
In case you missed yesterday’s timely discussion with PHOENIX’s Dean DeMeritte and The Mortgage Collaborative team, click on our link below to hear about pricing strategy, spreads, MSR value shifts, quantitative easing & margin calls in our current capital markets…
Falling Interest Rates
In the past week, interest rates have fallen precipitously and are at levels that we haven’t seen in quite some time. With rates falling the question arises, “What should be your MSR strategy given this environment?” With over 20 years…
Introduction to Whole Loan Analytics and Valuation
Loan portfolio investors need unbiased estimates of current market value. Independent valuations provide market insight, increase transparency of the pricing process, and reduce reporting risk. PHOENIX is uniquely positioned to provide the combination of rigorous fundamental analytics and market-based perspective….