Wells Fargo has finalized the sale of a $50 billion block of mortgage-servicing rights (MSR), a deal that is expected to close later this year, according to bank officials.
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Smaller nonbanks facing “come to Jesus moment” as MSR values dip
Nick Smith, the founder, managing partner and CEO of Minneapolis-based Rice Park Capital Management, sees the FHFA advisory bulletin as a positive development. “People generally don’t like regulation and don’t like being held to certain […]
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Nicholas Smith, CEO of Rice Park Capital joins Voxtur’s Board of Directors
Mr. Smith is the founder and Chief Executive Officer of Rice Park Capital, a private investment firm which invests broadly in the residential and commercial real estate finance, equity, and services sectors.
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Nexus Nova LLC Ranked Top 50 GSE MBS Servicer for Q3 2022
“We believe we are rapidly becoming a market leader as an investor in mortgage servicing rights and achieving this notable accomplishment in a relatively short-time period is evidence of that,” said Nicholas Smith, Managing Partner […]
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