At the end of the year, banks and thrifts serviced $5.323 trillion of home mortgages for other investors, giving these MSRs an asset value of $41.43 billion.

It would appear that Kondaur Capital of Orange, CA, is once again actively seeking out portfolios of nonperforming loans.

Walter Investment Management lost money in the fourth quarter and for the full year but that's because it's been gobbling up billions of dollars in mortgage servicing rights.

Fannie Mae could be in line to book $60 billion in assets, money that could be counted as net worth and change its immediate financial outlook.

Mortgage banking units owned by banks and thrifts generated $1.55 trillion in loan sales during 2012, a 36.9 percent jump from the previous year.

Historically, many banks have deducted expenses associated with REO, but all that may soon change thanks to a new IRS ruling.

Fannie Mae and Freddie Mac and spending a ton of money each year on outside contractors, including technology firms, attorneys and accountants.

Citibank continues to finance PennyMac and its affiliates. The bank recently increased a repo line it had with the publicly traded REIT.

Nine Attorneys General, unhappy with the pace of loan modifications, are calling for the immediate dismissal of acting FHFA director Edward DeMarco.

Improving loan quality is sparking a major shake-out in the due diligence sector. Can jumbo production and MBS save the day? Meanwhile, the supply of MBS expanded slightly in the fourth quarter.