Some MSR investors are suffering from "buyer exhaustion," said one deal maker...

At June 30, Flagstar serviced $120.3 billion in home mortgages, but 77.5 percent of that represents subservicing contracts…

But AEI researchers weren’t the only ones throwing bombs…

In terms of consumer ire, Wells Fargo was the complaint market leader…

The top grower in the nonbank world was Freedom Mortgage, which upped its GSE servicing by $19.36 billion, 29.7 percent…

Although a number of large banks have recently shown more interest in the secondary market for mortgage servicing rights, there is no sign that the migration toward nonbanks is ending. A new Inside The GSEs analysis of mortgage-backed securities data shows that independent mortgage bankers increased their holdings of Fannie Mae and Freddie Mac MSR by 2.0 percent from the first to the second quarter of 2018. Depository institutions recorded an 0.5 percent decline in GSE servicing rights over the same period. Most of the bank shrinkage came from the four institutions with over $1 trillion in total assets. Although Wells Fargo, JPMorgan Chase, Bank of America and Citigroup still held a whopping...

The MBA wants the FHFA to allow the industry to have a say in all new enterprise pilots, programs and products.

The sale of bulk mortgage servicing portfolios stayed red hot in the second quarter, with buyer interest and prices remaining high, but a modest lull in activity may be on the way, according to interviews conducted this week by Inside Mortgage Trends. Servicing brokers polled by this newsletter said there’s roughly $28 billion worth of receivables currently in the market that are ready to change hands. This includes a roughly $10 billion package of servicing rights that has been ...

Meanwhile, several large MSR packages are currently out for bid.

Of course, there are some in the industry who will argue Fannie and Freddie are hardly zombie-like at all...