Nonbank mortgage servicers continued surging into the top ranks of servicers during early 2013, more than doubling the size of their stake in the market compared to a year ago, according to a new market analysis and ranking by Inside Mortgage Finance. The seven largest nonbank servicers accounted for $1.40 trillion in mortgage servicing at the end of the first quarter, an increase of 68.9 percent in just three months. Compared to a year ago, the combined portfolio of these companies was up 144.3 percent. Ocwen Financial rose...[Includes one data chart]

The bulk servicing market is showing signs of heating up: IMA has two deals totaling $23 billion in the works.

PHH Mortgage saw its gain-on-sale margin decline but it marked up the value of its MSRs.

In the first quarter nonbanks continued to gain significant market share in the residential servicing business, according to a new and exclusive ranking from Inside Mortgage Finance.

Redwood Trust isn't the only busy beaver in the jumbo MBS market. Credit Suisse is out with a new deal.

When it comes to sales of retail-originated loans with private mortgage insurance, Quicken Loans is the new king of the market, according to exclusive figures compiled by Inside Mortgage Finance.

FHFA issues progress report on the "common securitization platform" but no CEO is in place yet. Meanwhile, Ally is out of MSRs totally.

If Rep. Mel Watt gets the FHFA job will he tinker with GSE net worth minimums?

The White House continues to search for someone to head the FHFA. But will it ever officially introduce a candidate? Mel Watt's name has come up again.

PennyMac Financial Services could raise just over $200 million through an initial public offering of stock.