Eric Kaplan of the Milken Institute: “I don’t think the non-agency market is ready to absorb the market that’s taken away from the GSEs without some significant signaling in advance.”

According to Inside Mortgage Finance, New Residential ranks fifth among all residential servicers with a $384.0 billion portfolio at Sept. 30.

Meanwhile, the group of servicers ranked sixth through 25th had a combined increase of $119.9 billion from June 30…

First Pacific is an institutional money management firm...

David Fleig of MorVest: “We have numerous active conversations with clients thinking about selling MSRs and I am sure our competitors do as well.”

Close observers of the politics of housing finance generally expect the next director of the Federal Housing Finance Agency to steer Fannie Mae and Freddie Mac toward a smaller market presence without creating a huge disruption in the industry.

The Federal Home Loan Banks may be replacing housing goals that have been in effect since 2011 with a more streamlined single goal that doesn’t set specific targets for the various categories of household income.

Freddie said it expects to make the $2.6 billion dividend payment in December.

Year-over-year, United Wholesale Mortgage had the largest gain at 52.2 percent, based on originations through the first nine months of 2018.

Freddie Mac benefited to the tune of $200 million (pre-tax) by reducing the write-down on its net deferred tax asset...