Although there hasn’t been a lot of good news on PHH of late, one analyst we spoke with noted a positive: “They still have plenty of cash on their books…”

“I would say that [MSR] prices are reasonable now,” said one advisor who spoke under the condition his name not be used. “The bid/ask spread has come down a little bit.”

Associate Attorney General Stuart Delery: “This resolution holds Goldman Sachs accountable for its serious misconduct..."

At yearend, RoundPoint had $14.9 billion in subservicing contracts. It now has almost $22 billion.

One servicing broker had this to say about the all the new offerings: “There’s a lot of deals out there now – and they seem to be getting done.”

We also heard one report that earlier in the year a large production group from a competitor jumped ship and joined WJB in January.

A few years ago JPM stopped funding RHS mortgages through loan brokers.

Much of the collateral is based in the Western U.S.

Prestwick is out with a flow package that could yield $360 million to $480 million annually in Fannie Mae product.

With rates rising of late, MSR pricing should firm up...