With RoundPoint Mortgage under its belt, Freedom would crack the top-10 ranking of residential servicers...

Former FHA Commissioner Dave Stevens: "Churning is bad for Ginnie Mae investors."

Wells Fargo is looking like a regular issuer of jumbo MBS these days. The bank tested the market in October and January and is currently working on a $553.6 million deal.

Ocwen's originations were anemic at $353 million in the quarter.

Although the overall job market is strong, all is not well in the mortgage industry. Maybe next month will be better...

The company registered gain-on-sale revenue of $9.8 million, just about flat compared to February.

For Fannie and Freddie, it was the highest concentration of low-score/high-LTV loans over the past five years...

PennyMac founder and Executive Chairman Stan Kurland: "While the correspondent market remains competitive, margins appear to be stabilizing as they were essentially unchanged from the prior quarter at 29 basis points..."

Just think what a 100 basis point cut in interest rates would do to the mortgage market...