Soon it will be easier to use Ginnie Mae mortgage servicing rights as collateral, or so the agency hopes.

Elevated home prices and a smaller supply of distressed properties have prompted many investors to switch from buying to selling.

It appears that Ethos Lending will enter the non-QM market come October...

The concept of MSR-backed securities recently came to the fore again with the news that Stonegate Mortgage, Indianapolis, is contemplating a transaction.

Broker originations also had a significantly larger average loan amount, $230,082, than the other channels.

In the last quarter, for instance, Fannie and Freddie posted combined net earnings of $5.1 billion – most of which was swept into a Treasury account.

On a year-to-date basis, mortgage sales were down 63.6 percent from the first half of 2013.

In short, investors – if they bought mortgage stocks at their peaks – are looking at substantial losses...

Bob Behal, a principal and co-head of ABS and commercial MBS investments at Vanguard Group, said liquidity in the market is fair.

Tozer believes that with depositories in control of the Ginnie market, the regulation of lender/servicers has essentially been outsourced to banking regulators who have “vast experience” in safety and soundness.