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...

However, removals for loan modification or foreclosure processing edged up 2.2% to $11.14 billion in the third quarter.

MBS guarantee fee pricing has become more level between the two GSEs since the uniform MBS was launched in 2019...

Most of the major bulk buyers recorded big gains during the third quarter. Ocwen Financial closed some $57.22 billion of bulk purchases...

Rocket sold $40.85 billion of agency MSRs during the third quarter after sitting out the prior period...

Prime non-agency MBS issuance jumped 51.9% from the second quarter to $26.58 billion in the third. Some $14.91 billion came from deals backed by traditional jumbo loans that exceed agency loan limits...

Lower all-around at Wells Fargo: home lending, mortgage servicing rights, branches and employees...