“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.

“No one wants the CFPB to go away, no one wants the rules to be unenforceable,” said Nanci Weissgold, a partner at the law firm Alston & Bird.

“A year ago, we were flooded with deals,” said one East Coast-based MSR broker. “Now we’re not, but prices have grinded higher.”

Aretreat by the home insurance industry changes the risk environment of FHA’s mortgage insurance program.

“It’s taking us a little longer to get this done, but at the same time, we want to get it right,” Michelle Corridon, deputy director of policy at VA, said of the VA Servicing Purchase program.

Delinquency rates may be nearing cycle lows...

Ginnie Mae continued to set the pace in the agency single-family servicing market as its outstanding MBS rose 2.1% to $2.270 trillion.

There's an interplay between how the proposal would impact larger banks and the effects on nonbank mortgage companies.