Whole-company M&A deals are becoming more prevalent, but if the Federal Reserve suddenly cuts rates, the outlook could change.

A new servicing exchange has been launched by a subservicer that just so happens to be owned by one of the nation’s largest title companies.

Servicing outstanding increased by 2.8% on an annual basis as of the end of the first quarter of 2025. The largest gains in servicing during that time were seen at Ginnie Mae, whole loans at non-depository institutions and non-agency mortgage-backed securities. (Includes two data tables.)

Wells Fargo has the freedom to increase activity in various financial products now that the bank is out from under an asset cap. And officials at the bank have plenty of plans for growth, but not with mortgages.

Industry participants are worried the Trump administration is using a chainsaw, rather than a scalpel, in its deregulation efforts.

Mortgage companies continue to rely on institutional investors to purchase their corporate note offerings. But borrowing costs are on the rise.

Once again, MSR sales are on a tear. The reason: conventional mortgage rates near 7.00% and a feeling of take the money while you can.

The subservicing sector could be at a crossroads. The issues: slow growth, consolidation and some large clients moving the process inhouse. (Includes data table.)

In response to deregulatory efforts by the Trump administration, the MBA and ABA suggested ways to boost bank mortgage activity.

The Fed lifts asset cap imposed on Wells Fargo; bill to establish VA partial claims program introduced in Senate; mortgage applications slow.