Nonbank mortgage servicers continued to gradually expand their share of the market during the third quarter of 2014, but the pace has clearly slowed. Nonbank institutions accounted for 27.2 percent of the $7.389 trillion of servicing controlled by the top 50 servicers in the industry, according to a new Inside Mortgage Finance ranking and analysis. The nonbank share of the top 50 in combined servicing was up from 26.8 percent at the midway point in 2014 and 24.0 percent in September 2013. The nonbank expansion has slowed...[Includes two data charts]

Of the dozen or so mortgage company sales that have been announced over the past two months, just one has involved a servicing portfolio of any size and even that transaction – $1.5 billion of mortgage servicing rights owned by Continental Home Loans – was small. In today’s merger and acquisitions market, it’s all about building loan origination capacity as buyers such as Freedom Mortgage, LoanDepot and Guild Mortgage try to keep growing. Moreover, this thirst for production comes...

Two Harbors has plenty of capacity to hold non-agency loans in portfolio without reliance on outside financing.

The mortgage insurance industry lost a key political ally with the reelection defeat of first-term Democratic incumbent Sen. Kay Hagan of North Carolina.

Some 60.7 percent of the mortgages in the deal have interest-only features.

Whatever might be in the works at the FHFA regarding looser credit won’t be out until mid-December, we’re told…

The FHFA has decided not to have a chairman for Common Securitization Solutions. Instead, the unit will be governed by a four-person "board of managers."

The biggest chunk of GSE business comes from mortgages with high credit scores and LTV ratios below 80 percent.

BB&T posted $80 million of mortgage banking net income in the third quarter, up sharply from a negative $21 million suffered in the previous quarter.

Seu pointed to the steady “brain drain” of talent from Fannie Mae and Freddie Mac...