Chase and Wells Fargo reported a slight dip in overall mortgage originations in the third quarter of this year.

Growth at Lakeview and Chase Home Finance finally toppled Wells Fargo as the largest agency servicer.

Ginnie is offering flexibility for pooling reperforming loans in MBS.

NPL sales by the GSEs declined by 66% on an annual basis in 2022.

“When the yield on the 10-year [Treasury] goes up more than 50 basis points in less than a month, something is going to get broken,” one consultant noted.

The comment period closed last week on a July proposal from HUD.

An MBA official noted that MSR valuations can “vary significantly due to the use of different models"...

“Our profitability is great,” said Stan Middleman, president and CEO of Freedom Mortgage. “It’s just not coming from originations this year.”

Rithm will pay for the purchase using “existing” and “available liquidity” as well as servicing-backed financing.

Mortgage investors, lenders and borrowers could all benefit from ICE's acquisition of Black Knight, according to leaders at ICE.