The MSR market continues to percolate with two new deals from Interactive Mortgage Advisors.

Ocwen will have plenty of "high touch" loans to work on when it finally takes control of the OneWest portfolio. Meanwhile, the second lien market is heating up.

Some of the nation’s largest banks – including Bank of America, JPMorgan Chase and Wells Fargo – have begun cutting mortgage production workers as refi applications decline. But it remains to be seen just how many of the 215,000 full-time mortgage-related positions – excluding loan brokers – will see pink slips over the rest of the year. “What we’re seeing is a natural outcome of contraction as the market slips and changes to a purchase business,” said Dave Stevens, president of the Mortgage Bankers Association. He declined to give any job cut estimates, but predicted that residential lenders of all different charters and types will move to “right-size their organizations.” Some bearish industry officials believe...

Although Wells Fargo promised some JVs that everything was "fine" earlier in the year, the megabank is now exiting the joint venture space.

The jumbo loans in the new Redwood deal are relatively young. But 72 lenders are feeding mortgages into the security.

If the CFPB is successful in its case against Castle & Cook, will the loan officers have to pay back the bonus money?

Is Flagstar about to pull off a massive sale of MSRs?

During the debate, Committee chairman Jeb Hensarling accused Democrats of protecting the status quo by defending the current Fannie and Freddie dominated regime.

Amherst Securities said the risk-share deal was structured in a way that it will likely never take a loss.

Not only have Fannie Mae and Freddie Mac staged a comeback, but so has MGIC. The MI giant finally turned a profit and sees better days ahead.