Currently, Dan Gilbert, Rocket’s chairman, owns about 93% of the company’s stock.

“There’s a surprising amount of people moving around the industry these days," said one consultant.

A cooling job market is good news for the prospect of interest rate cuts.

Although mortgage “franchise” deals have been few and far between this year, branch network sales have been a different story. One reason: Employees at those networks feel they might be better served under a more aggressive boss, especially with lower rates expected.

“They’re probably getting it at a good price,” said one nonprime executive...

The servicing sales market has slowed noticeably the past few months.

Meanwhile, Acra is working on its first non-QM MBS deal, which is slated for issuance in September.

Home prices increased by 0.2% on a monthly basis in July, according to Redfin.

Servicing transfer figures compiled by Inside Mortgage Trends show that last year Freedom purchased roughly $44.3 billion of bulk MSRs...

The MSRs include loans from Kentucky, Georgia and 22 other states...