Two months ago, if you asked a broker of mortgage servicing rights how the market was doing, he would have said “decent.” But today, it’s a different story with the words “great” and “hot” getting muttered frequently. Over the past 60 days, several large flow and bulk MSR deals have been sent out for bid, many of which have been non-legacy offerings. Sellers are more willing to part with new MSR packages, product that is deemed to be of the highest quality with little chance of prepaying thanks to the ultra-low interest rates of today. And just how hot is the market? Interactive Mortgage Advisors, Denver, is wrapping up...

A company affiliated with MBS co-inventor Lewis Ranieri is moving closer to issuing a security backed by "prime-quality" non-agency loans.

Freddie Mac has been profitable for six quarters but needs to show positive earnings for six more before it can recapture its deferred tax asset.

A $750 million offering of nonperforming mortgages is expected to go down this week. Meanwhile, NAFCU is mad at FHFA over the QM rule.

Besides entering the servicing arena, Two Harbors Investment Corp. is building an originator network to issue non-agency jumbo mortgage-backed securities on its own.

The GSE "common securitization platform" is under construction and already potential add-ons are being discussed, including a loan acquisition module.

Nationstar Mortgage is getting serious about the origination business. On Tuesday it revealed plans to purchase a high-volume call center operation.

The market for securities backed by servicer advances is red hot, but S&P says investors face risks.

Caliber Funding sees a huge opportunity in correspondent lending.

The mortgage industry wants lower Fannie Mae/Freddie Mac/FHA loan limits. But will it happen?