Mortgage REIT Rithm wants to unlock the market value of its mortgage banking franchise by spinning off the unit into its own publicly traded company. A serious idea or a ploy to juice the share price of the parent?

The acquisition will make Mr. Cooper the seventh-largest mortgage servicer.

The mortgage industry fallout if Congress and the White House fail to raise the debt ceiling: Zillow predicts 8.40% interest rates on 30Y FRMs.

Margins jumped but MSR markdowns overwhelmed UWM's income in the first quarter.

Originations declined, margins improved, but a loss was still in the cards for the first quarter.

As interest rates declined, applications increased...

Wells is shrinking its servicing portfolio while Chase is growing.

Survey says: An increased number of respondents think mortgage rates will go down over the next year...

Computershare said, “Low origination and refinancing volumes, along with the timing of MSR capital recycling trades, affected results."

The big servicers got a little bigger and Chase overtook Wells as the largest GSE servicer in the first quarter.