Pondering JPM's next move in the mortgage business...

Bottom line: These smaller shops will need to make additional capital investments to effectively compete against larger seller/servicers.

At press time, mortgage stocks were mixed (up or down slightly), with the exception of Fannie Mae and Freddie Mac. Both were up about 5%...

Although the smart money is on a late May or early June decision in the GSE case, some observers believe the court could rule earlier than that —  in fact, the decision may be imminent.

Almost two decades ago, General Electric spun off several of its insurance-related businesses (including mortgage insurance) into a new unit, creating Genworth.

The culprit: a downturn in purchase-mortgage activity...

The seller is described as a bank-owned mortgage company, one with “very experienced leadership that is well-versed in servicing transfers.”