Fannie Mae seller/servicers also can dodge the maintenance fee if they have $25 million in Fannie servicing or paid $5,000 in technology fees.

Art Ringwald, who helped put Bank of America on the mortgage map before departing in 2001, is looking to do "roll-ups," among other things.

Loan officers, so far, have been spared the layoff carnage, but that may change depending on where volumes wind up.

The talk has prompted speculation that the FHFA could lower the conforming loan limit to $400,000 or, as conservator of the GSEs, direct them to reduce high-cost loan limits.

The bloodletting in Citigroup's mortgage division may just be starting.

Over the past two years, upwards of $1 billion has been raised by private-equity funds seeking to buy servicing rights in the secondary market.

The jumbo features that Moody's worries about include super senior support bonds, exchangeable securities, principal-only bonds, and pool interest-only bonds.

PHH saw its share price spike late last week after rumors spread that it may sell a large block of mortgage servicing rights.

Citi handed pink slips to 1,000 mortgage workers on Monday. It appears that some loan officers were let go.

Nationstar's new filing with the Securities and Exchange Commission offers little in the way of information on the terms of the new $1 billion facility.