As the mortgage M&A market chugs along in the coming year, Guild hopes to be a buyer.

Soon it will be easier to use Ginnie Mae mortgage servicing rights as collateral, or so the agency hopes.

Elevated home prices and a smaller supply of distressed properties have prompted many investors to switch from buying to selling.

It appears that Ethos Lending will enter the non-QM market come October...

The concept of MSR-backed securities recently came to the fore again with the news that Stonegate Mortgage, Indianapolis, is contemplating a transaction.

Broker originations also had a significantly larger average loan amount, $230,082, than the other channels.

In the last quarter, for instance, Fannie and Freddie posted combined net earnings of $5.1 billion – most of which was swept into a Treasury account.

On a year-to-date basis, mortgage sales were down 63.6 percent from the first half of 2013.

In short, investors – if they bought mortgage stocks at their peaks – are looking at substantial losses...

Bob Behal, a principal and co-head of ABS and commercial MBS investments at Vanguard Group, said liquidity in the market is fair.