Wards of the Uncle Sam since the fall of 2008, these days the two government-sponsored enterprises are considered instrumentalities of the executive branch with little prospect of their conservatorships ending.

MSRs are red hot. A lasting thing?

Barring an implosion over the next two months, 2021 will set a new world record, likely topping $4.5 trillion in annual originations.

Mr. Cooper values its MSRs at $3.66 billion, up from $3.31 billion 90 days earlier...

In 2Q21, the GSE-eligible share of loans going into non-agency MBS was 28%.

In mid-October, the CFPB registered its one millionth credit reporting-related grievance since the inception of its consumer complaint database in 2011.

Freedom remained the top Ginnie servicer with $272.22 billion of MSRs on its books at the end of 3Q21...

The trading high for the year came in January at $331.9 billion when it looked as though rates might be headed south.

The activity in the non-agency MBS market is occurring even as some lenders are once again taking their investment-property volume to the GSEs.

Commercial banks continue to show no love for MSRs, except for JPMorgan Chase...