The Next Battle In Mortgage Servicing Is About To Begin
After repositioning their servicing portfolios, mortgage companies will have their MSR strategies tested when rates drop
Rice Park Capital Sep 16, 2024
Categories
Nexus Nova LLC Wins Freddie Mac 2023 SHARP Award
This award should not be construed as an endorsement of Rice Park or a guarantee that any investor will experience a specific level of investment performance or client service. As such, investors and prospective investors […]
Nexus Nova LLC Receives Fannie Mae Master Servicing Approval
Rice Park Capital Management LP ("Rice Park"), a Minneapolis-based investment firm, is pleased to announce that its subsidiary, Nexus Nova LLC ("Nexus Nova"), received Fannie Mae master servicing approval effective September 5, 2023.
Insights from Nicholas Smith, Founder & CEO of Rice Park Capital Management, on the MSR Market
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.
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 […]
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 […]
Rice Park Capital Management Closes on $300 Million Capital Commitment for its MSR Strategy
Minneapolis, MN – January 18, 2022 – Rice Park Capital Management LP, a Minneapolis-based investment firm, is pleased to announce that it has closed on a $300 million capital commitment from M&G Investments for its […]