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

Stonegate Mortgage has launched a new jumbo conduit, hiring Eric Schlotz, a 15-year veteran from GMAC-RFC in Minneapolis, to manage the operation.

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

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...

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.

JPMorgan Chase is working on a jumbo MBS deal but it may place the bond in the the private market.

Is PennyMac Financial Services, which just filed for an IPO, really part of PNC?

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.