According to interviews conducted by Inside Mortgage Finance, Lau’s company, Pingora Loan Servicing, has amassed roughly $10 billion in MSRs in less than nine months.

The new ownership filing on Walter Investment comes at a time when short interest in nonbank mortgage firms is increasing.

What’s the best way to entice a workaholic mortgage loan officer who knows how to bring home the bacon? Answer: Pay them a huge signing bonus.

PennyMac had 229 correspondent partners at the end of 2013 and Kurland said the nonbank is looking to work with small sellers.

Mortgage executives are praying that even though eminent domain plans have been talked about and brought to a vote in a handful of cities, that it never gets used.

Is Caliber's parent toying with an IPO for the lender? After all, hedge funds like to “build and flip,” not build and hold forever…

The rating service singles out Ocwen Financial, Nationstar Mortgage, Walter Investment Management, Quicken Loans, Provident Funding and PennyMac Loan Services, all of which have significantly increased their MSR portfolios.

An organization chart of the post-deal company provided to IMFnews has RFC’s Michael Isaacs being put in charge of “consumer direct” at PMAC.

Industry advisors briefed on the servicing project noted that changing the minimum 25 basis point servicing fee has some firms on edge.

Bank of America is once again testing the MSR sales market, but few investment bankers believe it will unload any massive packages this year.