Roughly $20 billion of mortgage servicing rights that once belonged to Taylor, Bean & Whitaker are quietly being shopped around.

Three senators are pushing for 3 percent downpayment language on the QRM rule.

PMI Mortgage Insurance Co. may be out of the mortgage insurance business, but its surviving MI subsidiary, CMG Mortgage Insurance Co., will continue providing MI to credit unions under new management beginning in 2014. Last week, Arch Capital Group, a Bermuda-based provider of insurance and reinsurance, announced an agreement to acquire CMG MI from PMI Mortgage Insurance, as well as the latter’s operating platform and related assets. PMI is currently in rehabilitation and has been under the receivership of the Arizona Department of Insurance since 2011 after failing to meet statutory capital requirements. The transaction will not only allow...

Ever since Taylor Bean & Whitaker went down in flames a few years ago, the market for loans backed by mortgage servicing rights has been dormant with the nation’s largest banks pulling out of the business and vowing never to return. But now that MSRs are considered a “hot” investment with nonbanks such as Nationstar Mortgage, Ocwen Financial and Walter Investment Management gobbling up billions of dollars in receivables the past few years – and at bargain basement prices – banks, Wall Street firms, and other players are eyeing the market for a major comeback. According to servicing advisors and warehouse firms, there are...

President Obama, during his State of the Union address, urged Congress to get the HARP 3.0 refinancing program off the ground.

Fannie Mae is working on a plan to sell billions of dollars of nonperforming loans in the second quarter.

Officially, the GSE net-worth minimum is set at $2.5 million, but some in the industry think it will double eventually.

Fortress Investment Group has raised $1.6 billion to buy mortgage assets, including servicing rights.

The Federal Housing Finance Agency this week killed a plan being heavily promoted by Fannie Mae to reduce force-placed insurance rates.

GSE MBS issuance increased in January and the most likely explanation may be new, more seller-friendly repurchase policies at Fannie Mae and Freddie Mac.