At yearend, RoundPoint had $14.9 billion in subservicing contracts. It now has almost $22 billion.

Although interest rates have been trending downward for much of the year, it hasn’t stopped mortgage firms from selling one of their most prized assets: mortgage servicing rights. According to a new tally from Inside Mortgage Finance, almost $27 billion in MSR auctions have been announced since March 1, with some bulk deals sized as high as $6.2 billion dollars. At least 16 offerings have been announced...

One servicing broker had this to say about the all the new offerings: “There’s a lot of deals out there now – and they seem to be getting done.”

Total gripes to the bureau slid 5.0 percent in the first quarter and were off 3.0 percent on an annual basis...

FHFA chief Mel Watt is expected to issue a final decree this month…

CSS, a joint venture of Fannie Mae and Freddie Mac, is hiring at its main site in Bethesda, MD, as well as its office in Pasadena, CA.

We also heard one report that earlier in the year a large production group from a competitor jumped ship and joined WJB in January.

Give the CFPB even more power? The GOP likely would not stand for such a thing...

At yearend, Cenlar ranked first in subservicing contracts...

Of course, just because five industry vets have issued a white paper, that doesn’t mean it can readily yield into legislation.