Over the past few years, Flagstar has been a selective seller of mortgage servicing rights, lopping off packages as large as $40 billion.

Technology, like MBS, can be complicated. Just read the new FHFA report…

Recently, Home Point added a large retail lending team from Great Plains Bank and Newman promised that “we have another large retail team scheduled to come on in the next several weeks.”

Irony or good business?: Ocwen's mortgage customers are located in the U.S., but the back office staff processing their loans are mostly overseas.

Regulatory fears are driving the desire by some owners/CEOs to exit the mortgage business, but we’ve heard that refrain before.

Although the bulk market has faced headwinds in recent weeks, the “flow” servicing market has been “robust,” Piercy said.

The Blackstone Group, which has been gobbling up mortgage banking franchises of late, may have its eye on the mortgage insurance space. But for now it does not appear that it plans to rebuild what’s left of PMI Mortgage insurance as a going concern. As usual, the investment banker is saying little about what it plans to do with its “strategic investment” in The PMI Group, a once top-ranked MI that was placed into receivership back in 2012. PMI isn’t talking either. The investment, revealed last week, was made through the Blackstone Tactical Opportunities Fund. When the announcement was first unveiled, both analysts and MI professionals were left...

Warehouse executives seem optimistic about the immediate outlook for the sector, though some expressed concern how a wave of M&A activity has reduced the number of potential clients.

UST did not identify the mortgage firm selling the product, but described it as “well capitalized” and in “good standing” with Ginnie Mae.

Coester filed suit against the Virginia Real Estate Appraiser Board, charging that the regulator is engaged in “a conspiracy to restrain and monopolize trade” and is operating in violation of antitrust laws.