In his preamble to the Congressional report, Mulvaney sums it up best, saying "many” members of Congress “disagree with my actions as Acting Director…”

The trick, though, is to convert that higher MSR value into cash…

The loans in Chase's new MBS have an average balance of $527,877.

Acquiring government-insured loans from correspondent lenders has been a huge part of the Ginnie Mae market in recent years…

Cowen & Co. recently updated its forecast on GSE reform passing this year, slashing the odds to just 10 percent.

The idea is to offer “a space where businesses can test innovative products and processes without risk of regulatory consequences,” according to the Mortgage Bankers Association…

A Ginnie Mae crackdown on “loan churning” is helping MSR values in that sector as well…

Meanwhile, the servicing sector appears to be picking up a head of steam...

The company said it made the investments because it believed in the future economic prospects of the companies…

Charges were also filed against Paul Menefee, the former head banker of Barclays’ subprime MBS unit...