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Msr

All articles tagged with #msr

business5 days ago•4 min saved

UWM Turmoil Won’t Dampen Ishbia’s Suns Dream

Even as UWM, the mortgage company owned by Suns owner Mat Ishbia, posts a quarterly loss, suspends dividends, and sees its stock tumble after a failed Two Harbors deal and a $2.05B equity infusion, the piece argues that Ishbia’s willingness to spend for the Suns shouldn’t be derailed; UWM’s MSR hedge struggled as rates rose and the failed acquisition eliminated expected growth, but Ishbia’s past dividends and aggressive approach suggest the Suns’ spending trajectory will continue despite UWM turbulence.

via Bright Side Of The Sun|

#business #ishbia #msr

business5 months ago•10 min saved

Basel Tweaks Sought to Bring Mortgage Lending Back Home to Banks

Vice Chair Bowman argues Basel capital rules have pushed banks out of mortgage origination and servicing due to MSR deductions and uniform risk weights; two proposed changes would remove the MSR deduction while keeping the 250% MSR risk weight and move to loan-to-value-based risk weights for residential mortgages, aiming to reignite bank participation, stabilize servicing, and preserve consumer choice and financial stability.

via Federal Reserve Board (.gov)|

#banking-regulation #basel #business

science7 months ago•5 min saved

Mars Sample Return Mission Canceled as Budget Cuts Hit NASA

NASA's Mars Sample Return plan to bring Martian rocks to Earth has been effectively canceled after Congress trimmed its funding; estimates had placed the cost around $7–11 billion, making the unprecedented mission too expensive amid budget pressures. Perseverance has cached 33 sample tubes on Mars, but the fate of those samples is uncertain, with possibilities including future revival, tech development, or new efforts by ESA or China, while current funding supports only limited Mars exploration tech.

via ScienceAlert|

#funding #mars #msr