Bank demand for MBS has increased due to new accounting requirements and a decline in total residential loan production in recent years.

This mortgage manager estimates a “good” LO works 50 to 70 hours a week…

Sources contend that Nationstar Mortgage has ceased bidding on flow deals, preferring to shop for bargains in the conventional bulk market.

The catch was that the so-called GSE "patch" would only last as long as Fannie and Freddie remained in conservatorship...

The biggest component in the aggregate portfolio was consumer ABS, which includes student loans, securitized leases and consumer debt other than credit cards, home-equity loans and auto finance...

Over the past few years, 482 of Ocwen’s deals have experienced breaches, but the trustee generally did not seek termination of the servicing contract.

Most people who are not in straight-jackets believe the chances of GSE reform by 2016 are pretty much zero. Just in case you were wondering and needed a reminder…

HUD is seeking authority for the FHA to require, in certain instances, institutions with less expertise in servicing to hand off that function to a specialized servicer...

A major snag on getting deals completed is the "earn-out" agreement.

The days of it being a seller’s market for mortgage banking franchises appears to be over, with current owners are increasingly unwilling to part with their companies at reduced prices. As one merger-and-acquisitions specialist put it, “It’s just hard getting deals done these days.” It looks like a case of supply and demand – and, of course, cash. At the very least, sellers want to receive book value for their companies plus some type of “earn-out” that could last up to 10 years. According to interviews conducted by Inside Mortgage Finance over the past week, the ratio of buyers to sellers has...