Although federal banking regulators are still toiling with language that will ease restrictions on how much mortgage servicing rights can count toward Tier I capital, depositories are aggressively reasserting their presence in the MSR market.

Wells Fargo lost its spot as the top-ranked retail originator in the first quarter and recently agreed to sell 52 branches to Flagstar Bank, but company officials insist that the lender is poised for growth in the retail and correspondent channels.

Mortgages originated in recent years for investment properties have performed well, helped by improvements to underwriting standards after the financial crisis, although there are concerns about underwriting practices in the non-agency market.

Despite heralding the investment made by Thomas H. Lee Partners, Guaranteed Rate will not say how much the PE firm invested or how large of a stake it acquired…

Do federal deficits even matter anymore? Jeff Gundlach thinks so...

Mark Stafford, managing director of MS Capital Advisors: “Margin compression is real and many companies lost money in the first quarter.”

Fannie Mae: “We expect this will prompt businesses to turn to cost-cutting..."

By comparison, commercial banks must have tier 1 capital of 8.0 percent of risk-weighted assets.

JMP likes the higher profit margins that accompany non-QM lending…

Banks have been reducing their servicing for others since late 2009…