In 2Q, margins compressed at PennyMac and the value of its MSRs fell sharply. Sound familiar?

MorVest Capital recently closed out its auction of $528 million of Fannie Mae MSRs. Without providing too much in the way of detail, MorVest CEO David Fleig told IMFnews the bids were “very strong.”

The appeal of owning MSRs seems to be lost on commercial banks. Will the trend line ever change?

The proposed legislation has passed both chambers of the New York Assembly and awaits the governor’s consideration.

Two Harbors, of course, isn't the only REIT venturing out into MSR investing but it's certainly been one of the more aggressive...

HFPC is urging FHA to offer a more flexible option whereby servicers can use a portion of the partial claim to reduce a borrower’s monthly payment, dollar for dollar...

Ginnie early buyout activity has been rising steadily since early 2020, right before the pandemic struck.

On the origination side of the ledger, issues with loan applications decreased 7.0% to 1,613...

The California-based nonbank saw its gain-on-sale margin slip to 228 basis points compared to 298 bps in 1Q21 and a whopping 539 bps in the year-ago quarter...

The number of Ginnie loans one-payment past due jumped 17.3% from March to June, pushing the delinquency rate for the category to 2.06%. That compared favorably to a 3.60% 30-day delinquency rate two years ago.