Trading in mortgage servicing rights is as good as it’s been for years, but it remains a small market full of pricing and transactional irregularities, according to industry experts speaking on a panel at the secondary market conference sponsored by the Mortgage Bankers Association last month.

Broeksmit, who has spent his entire 33-year career in the mortgage industry, joins MBA from Treliant Risk Advisors...

For years, values on Ginnie Mae mortgage servicing rights have lagged behind the prices paid for Fannie Mae and Freddie product, but finally it appears the government market is catching up.

If you’re looking for a barometer on reform legislation passing, just take a peek at the share price of Fannie and Freddie common.

Ditech CEO Tom Marano: “I am pleased with the improving performance of our servicing business; however, I am disappointed with the performance of the origination business...”

The trade group argues that if lenders organized as pass-through entities do not receive the new deduction, they will be at a competitive disadvantage...

Interim CFPB chief Mick Mulvaney: “We are still closely associated with Sen. Elizabeth Warren. We are her baby. That’s not where a gold-standard regulator should be.”

Personnel expenses averaged $5,899 per loan in 1Q18 compared to $5,560 in the fourth quarter, up 5.7 percent…

“There could be some sector consolidation down the road,” noted Allen Price, senior vice president in charge of business development for RoundPoint Mortgage…

Another mortgage company has closed. This one in Texas...