Flagstar hopes to unload $30 billion in residential servicing rights, but is contemplating selling even more in the way of MSRs.

First-time homebuyers accounted for 33 percent of all GSE-securitized purchase mortgages in the first half, according to Inside Mortgage Finance.

Jumbo originations increased at First Republic Bank, but its mortgage gain-on-sale margin took a hit.

Sens. Bob Corker, R-TN, and Mark Warner, D-VA, say their mortgage reform measure strikes the right chord between Democrat and Republican concerns.

Nationstar Mortgage is issuing $250 million of debt, hinting that it may buy more MSRs from Bank of America.

Banks have a strong track record on obtaining Ginnie Mae approvals, nonbanks not so much.

Wells Fargo, the nation's large home funder, accounted for almost 31 percent of total Ginnie Mae issuance during the first half of 2013.

In 2012 single-family g-fees allowed Fannie Mae and Freddie Mac to collect $12.5 billion from its seller/servicers.

Accenture is making major inroads in the residential finance space with its purchase of Mortgage Cadence. Meanwhile, Fannie says market could move toward ARMs.

The MBA believes that the Treasury Department – despite being the GSEs’ single biggest shareholder – has been absent on Fannie/Freddie reform since early 2011.