On the production front, Walter’s Ditech unit reported $4.8 billion of new originations, a 3.4 percent drop compared to 1Q16.

TIAA is headed by Roger Ferguson, former vice chairman of the Federal Reserve Board.

California accounts for the largest share of the collateral at 12.8 percent, based on dollar volume. Florida is second at 8.6 percent.

At press time Wednesday, the share price of Nationstar was soaring...

Since Monday of this week, four mortgage-related merger deals have been unveiled, setting in motion what could turn out to be a long awaited mini-boom in activity. But can it last? So far, all of the transactions entail small- to medium-sized lenders, with most facilitated through “asset purchases” as opposed to stock sales. The one exception is the announcement by the publicly traded EverBank Financial that it’s currently engaged in takeover talks with what it called a “well-respected financial services company.” EverBank, which ranked 40th in originations for the first half of 2016 according to a tally byInside Mortgage Finance, is...[Includes one data table]

Home Point, which has backing from a PE firm, may have its ears open to future deals…

Nonprime lender Angel Oak Mortgage Solutions is now offering a “no-income” loan to investors with credit scores as low as 660...

However, EverBank has been cutting back its presence in residential finance, a trend that was cemented when Tom Wind left the company in December...

Some banks nearly tripled their bulk MSR acquisitions in 2Q16. SunTrust, for example, bought $7.41 billion of GSE servicing during the period, making it the third most active buyer in the market.

Bids on both packages are due later in the week.