In the first quarter nonbanks continued to gain significant market share in the residential servicing business, according to a new and exclusive ranking from Inside Mortgage Finance.

Thanks to its servicing business, Ocwen posted strong earnings in the first quarter but questions have been raised about its gain-on-sale margin.

The bulk servicing market is showing signs of heating up: IMA has two deals totaling $23 billion in the works.

PHH Mortgage saw its gain-on-sale margin decline but it marked up the value of its MSRs.

W.J. Bradley isn't necessarily buying Legacy Group Lending, but the two firms are combining forces.

Sprague, a veteran of SunTrust, Bank of America, and Matrix Capital, has joined Phoenix Capital.

Cole Taylor Mortgage, which has grown its servicing portfolio ten-fold in the past year, is now an active Ginnie Mae issuer.

The "flow" market for mortgage servicing continues to improve. IMA is in the market with a new package and others are on the way.

The White House wants to change the HARP eligibility date, making more underwater borrowers eligible for the program, Inside Mortgage Finance has learned.

EverBank funded $2.9 billion of home mortgages in the first quarter, a bit below one estimate of $3.3 billion.