A fun fact for nonbanks: Depository institutions among the top 50 servicers reduced their holdings by 1.2 percent during the same period.

The company’s motion arises in an unusual procedural context…

Keefe, Bruyette & Woods is worried about the prepayment risk that comes with owning so much Fannie Mae/Freddie Mac servicing rights…

The largest Fannie/Freddie servicers are still Wells Fargo, JPMorgan and Bank of America, but all three continue to shrink their exposure to GSE product...

All of the loans are current, though Fitch noted that 20.4 percent are “dirty current,” having experienced recent delinquencies or incomplete pay-strings…

The trade group’s blueprint also throws cold water on any piecemeal “recap and release” plan for Fannie and Freddie.

"The legal challenges [to firing Cordray] must be very legitimate or they would have tossed him by now," said one industry official...

For all of 2016, Redwood came to market with just three jumbo MBS deals.

This source continued: “If only Castro had put the MIP cut through right after the actuarial report came out, we probably wouldn’t be talking about this right now.”

The last company to go on an MSR acquisition binge this fierce was Ocwen Financial…