Almost two decades ago, General Electric spun off several of its insurance-related businesses (including mortgage insurance) into a new unit, creating Genworth.

The seller is described as a bank-owned mortgage company, one with “very experienced leadership that is well-versed in servicing transfers.”

When it comes to Ginnie EBOs, sales are done both servicing-retained and servicing-released.

For the week ending March 30, the relief count dropped by 33,000 units. Key point: Forbearance starts fell to their lowest weekly volume (30,000) since the beginning of the pandemic…

More gas left in the mortgage IPO tank? Some...

The MSR totals are based on February loan production by this particular seller...

The commercial unit accounted for only 2.3% of Annaly's assets as of the end of 2020.

However, the size of the investments in Rent Butter and Rent Room were not disclosed...

Investment bankers like Mark Garland of SitusAMC believe that by the third quarter bulk MSR sales could be on a roll...

More evidence the flow MSR market is recovering: this auction from Phoenix and a recent large one from IMA...