Wells Fargo – the nation’s largest home lender and servicer – has apparently won the bid for Seneca Mortgage and its $53.6 billion servicing portfolio, sending shockwaves through the market. But as Inside Mortgage Finance went to press this week, the jury was still out on whether this was a “one-off” opportunistic purchase or, perhaps, the start of a trend toward depositories showing renewed interest in mortgage servicing rights. For now, Wells isn’t...

According to a Freddie spokesman, the loan represents the “the largest-ever single-asset tax-exempt financing completed” by the GSE…

The proposed suspension generally applies to banks with less than $250 billion in total assets.

Starwood didn’t disclose the volume of non-QMs it has acquired at this point.

Other bidders on the $53.6 billion MSR portfolio include JPMorgan Chase and New Residential…

A fast grower, Guild Mortgage is open to buying other shops...

Wells Fargo regained the title of the top non-agency jumbo lender in the second quarter, besting Chase…

The OCC noted that Fannie Mae, Freddie Mac and the FHA all offer loan options aimed at property rehabilitation…

PHH is in the throes of transforming from a business predicated on private-label originating and servicing to being mostly a subservicing vendor.

Clayton Homes is one of the nation’s largest mobile home sellers, and is owned by Warren Buffett’s Berkshire Hathaway.