One source said a $30 billion bulk servicing portfolio went out for bid but was unclear whether the receivables actually traded...

Issuance of deals backed by commercial real estate more than doubled from the first quarter…

Some $57.16 billion of residential mortgages with a business or commercial purpose were originated during the review period, accounting for 3.7% of total originations.

Ocwen Financial remains the largest subprime servicer in the nation with a portfolio north of $62 billion…

Ocwen Financial’s jumbo servicing portfolio nearly doubled in the past year, though that’s due to the acquisition of PHH…

In terms of new HELOC commitments for the second quarter, Bank of America led the pack with $2.77 billion, followed by Wells Fargo ($1.91 billion) and Citizens Bank ($1.50 billion).

After an unusual slump in the first three months of the year, the market grew by $65.07 billion to $850.36 billion as of the end of June.

Brokers recorded a hefty 69.3% increase in government lending from the first to the second quarter, boosting their share of the sector to 21.4%.

Most of the increased GSE refi business came from rate-term deals. Delivery of these loans increased 88.6% from July to August…

Bob Garrett, executive vice president in charge of warehouse finance at First Tennessee Bank, said he’s seen some competitors that are so overwhelmed with demand they’re turning away business.