Blend Labs took a $19.4 million loss in the second quarter.

Some $63.39 billion of MSR on Ginnie MBS were transferred in the second quarter of 2024, up from $24.22 billion in the prior period.

Ready Capital sold the MSRs as part of an effort to exit investments in the residential market to put a greater emphasis on commercial loans.

Halfway through 2024, Lakeview/Bayview Loan Servicing was the leader in removals from Ginnie MBS, with $11.33 billion.

To help ease its financial pain, loanDepot sold some MSRs during the second quarter.

The bureau's amicus brief argues that the plaintiffs have the right to sue Nationstar for violations of the Fair Debt Collection Practices Act.

UWM took in net proceeds of $2.4 billion from MSR sales in the first half of 2024.

The nonbank looks to have sold more MSRs during the second quarter.

“Our biggest concern is that the market sell-off becomes a self-fulfilling prophecy causing corporate CEOs to cut back on investments and consumers to pull back on spending leading to further cuts and a recession,” analysts at Morningstar DBRS said.

One of UWM's most frequent customers is Lakeview Loan Servicing.