Thompson also made it the FHFA will not be changing seller-servicer standards for nonbanks this year.

Loans in the new MBS have seasoned for an average of 5.5 months...

As yearend approaches, more bulks deals are expected...

Most of the major bulk buyers recorded big gains during the third quarter. Ocwen Financial closed some $57.22 billion of bulk purchases...

Steve Abreu, who founded Newfi and serves as its CEO, will stay on with the mortgage firm after the sale closes.

But SCOTUS did throw them a bone. The justices said it was possible that shareholders suffered some “compensable" harm...

The pitch, emailed by On The Money Acquisition Partners, Charlotte, NC, continues: “Overnight, your situation can be completely different than the previous day.”

Rocket sold $40.85 billion of agency MSRs during the third quarter after sitting out the prior period...

Prime non-agency MBS issuance jumped 51.9% from the second quarter to $26.58 billion in the third. Some $14.91 billion came from deals backed by traditional jumbo loans that exceed agency loan limits...

The one saving grace for these companies is that the recent rise in rates has increased the asset value of their servicing portfolios...