The motivations of buyers and sellers in the mortgage servicing market appear to be at odds, and sellers are hoping for some sort of buyer conversion to light up the market and get more deals. At the Ginnie Mae Summit last week, panelist Michael Ehrlich, senior mortgage specialist at Thomson Reuters, indicated that sellers are itching to see more mortgage servicing rights deals but there are not too many buyers lining up. “The demand from sellers to sell is...

Meanwhile, other lenders said they are hearing reports of correspondent originators slowing down the sale of closed loans to Wells.

The Redwood CEO said the MBS offer a number of benefits to Chase, including effectively cutting the guaranty fee…

Ginnie Mae wants to make sure that issuers are not selling all their good loans and retaining the potential dregs…

A few days ago, Ditech’s parent company filed an 8-K with the SEC, disclosing delinquency information on its GSE servicing portfolio.

One trade group source had this to say about the arrangement: “There’s no g-fee break? Then it doesn’t sound like front-end coverage that helps lenders.”

Apparently, not everyone is a fan of low rates. Take Donald Trump, for instance...

Requirement for the program include: three years of mortgage experience, a statement on production goals, anticipated operational structure and a description of the company.

Fannie said DU 10.0 also will help borrowers who have multiple financed properties, eliminating certain eligibility overlays…

According to Treasury Department reports, overseas investors held $821.3 billion of Fannie, Freddie and Ginnie MBS at the end of June, a 5.0 percent increase from March.