Ginnie Mae said it will require MBS servicers with at least $25.0 billion worth of contracts to obtain an external primary servicer rating.

Mortgage M&A activity is on the light side these days. The reason: Home lenders are too busy originating new loans and reaping the profits. Unless rates spike, the situation is unlikely to change.

Ocwen Financial posted another losing quarter, with new challenges: De-clining interest rates and a massive amount of debt coming due.

The transfer of bulk mortgage servicing rights was strong in the second quarter but dealmakers didn’t really feel it in the auction market. Investment bankers believe the second half could see strong MSR sale activity.

A recent study used six factors to rank the nation’s 30 largest mortgage service companies. The results aren’t pretty.

Mortgage rates are at three-year lows but it’s possible a floor might not be seen for some time. Credit (blame?) the trade war with China.

The CFPB in a recent court filing said buyers of mortgage servicing rights are responsible for violations even if the obligation remains with the original owner for a short period of time.

Top nonbank servicers continued to expand their agency MSR positions in the second quarter via acquisitions and organic growth. Wells Fargo, U.S. Bank and BofA were the only top-10 agency servicers to shrink.

The nonbanks that ranked among the top 50 players in the servicing business upped their combined portfolio by 3.5% during the second quarter, while depository institutions recorded a slight decline.

Not only are lenders making money these days, so too are the warehouse providers that finance them. Meanwhile, the mortgage IPO market is dormant.