It’s not every day the warehouse lending arena snags a new entrant, but Signature Bank is sitting on a ton of cash in search of a home.

It should be a busy year for mortgage company M&A. One driver: the cap on loan sales through the GSE cash window.

Many industry analysts believe the tax incentive, given a lack of housing inventory, would act as a subsidy to sellers rather than an aid to homebuyers.

Originations remained strong in 1Q21 but GOS suffered. The good news: MSR owners had a golden opportunity to mark up the asset.

In January, the FHFA and Treasury limited the GSEs’ purchases of mortgages for investment properties and second homes to 7% of single-family acquisitions. Implementation of the cap is hitting lenders.

It’s a given: When rates rise, servicing values increase. Problem is, there hasn’t been much rate-rising going on. That is, until recently.

Certain loan brokers aren’t happy with wholesale giant UWM over its “us or them” edict. A lawsuit has been filed. More could be on the way.

Freddie Mac turned in slightly lower earnings on a sequential basis as higher credit expenses dinged its bottom line. Next up: Fannie Mae.

The federal district court concluded that nine out of 10 legal claims against the lender/servicer were barred by a consent decree entered into by Ocwen in 2014. The court dismissed the 10th claim.

Okay, industry consolidation is arriving. But what about prices? Also, more refis could be on the way, courtesy of the GSEs.