The seller of the MSRs was identified as a “subsidiary of a publicly traded company established in 1995.”

Upwards of $500 billion of mortgage servicing rights could change hands this year. But maybe that estimate is too low...

Several hard money lenders are involved in financing flippers, charging interest rates that are several percentage points above the going Fannie Mae/Freddie Mac rate.

More trouble for Ocwen: the corporate jet has been yanked!

Ocwen announced the sale of the $45 billion early this spring, but never identified the buyer.

In a recent 10-K filing Ocwen disclosed that on April 30, 2015 it announced agreements with the GSEs to sell portfolios of non-performing loan servicing rights.

Last fall, Ocwen tried to sell its Ginnie Mae servicing rights, but recently disclosed that it will keep the receivables instead...

In late March, IMA noted that it was working on several deals totaling just over $20 billion, but all were being negotiated privately...

Interactive Mortgage Advisors, MIAC and The Prestwick Group are working on deals as well.

It was clear from a panel discussion at the Urban Institute this week that MSRs have grown in importance as a form of collateral...