Close observers of the politics of housing finance generally expect the next director of the Federal Housing Finance Agency to steer Fannie Mae and Freddie Mac toward a smaller market presence without creating a huge disruption in the industry.

David Fleig of MorVest: “We have numerous active conversations with clients thinking about selling MSRs and I am sure our competitors do as well.”

First Pacific is an institutional money management firm...

Meanwhile, the group of servicers ranked sixth through 25th had a combined increase of $119.9 billion from June 30…

According to Inside Mortgage Finance, New Residential ranks fifth among all residential servicers with a $384.0 billion portfolio at Sept. 30.

The deal is backed by jumbo reverse loans with a total unpaid principal balance of $571.8 million…

Eric Kaplan of the Milken Institute: “I don’t think the non-agency market is ready to absorb the market that’s taken away from the GSEs without some significant signaling in advance.”

Freddie CEO Don Layton said the CRT deals are “amazingly efficient…”

Freddie Mac benefited to the tune of $200 million (pre-tax) by reducing the write-down on its net deferred tax asset...

According to the offering circular, the portfolio is top-heavy with Ginnie product...