According to servicing broker Phoenix Capital, Texas accounts for the large chunk of the MSRs at 23%. Arkansas is second at 15%. 

A decline in interest rates typically helps increase mortgage originations, but this time is different, according to Fitch.

The FDIC approved some relief for banks from the Volcker rule regarding hedging of mortgage servicing rights.

From fiscal 2010-2016, FHA sold roughly 111,000 troubled loans to private investors, including nonprofits, through DASP. In addition, GAO found that FHA did not routinely assess outcomes…

The change is part of the agency’s continuing focus on risk management as its book of business continues its historic shift toward nonbank mortgage servicers that have come to dominate its $2.0 trillion-plus portfolio.

New Residential's stock buyback program is for common shares only and will expire at year-end 2020. In 2019, New Rez has sold additional shares of both common and preferred...

The end of LIBOR presents a number of logistical challenges for trustees of vintage non-agency MBS.

Generally, it’s a bullish sign when executives purchase shares of their companies in the open market, especially if they’re paying cash as opposed to buying on margin.

PIMCO owns at least one mortgage company, First Guaranty Mortgage Corp., in Tysons Corner, VA. Earlier this year, FGMC launched a non-QM brand called Maverick…