According to Casey Crawford the recapitalized depository will focus on “loving and serving people.”

CHMI was launched a few years ago by the privately owned Freedom Mortgage, the nation’s seventh largest originator…

Mortgage REIT New Residential posted a stunning 40.1 percent sequential growth rate in its MSR portfolio, according to Inside Mortgage Finance.

New Residential has purchased several servicing portfolios over the past year, acquiring rights from CitiMortgage, Walter/Ditech and United Shore, among others.

The Seneca portfolio is so clean that it has attracted the interest of Chase, which hasn’t bought a bulk MSR package in years…

A press statement on the sale included no production or servicing information for either company…

Another nonprime MBS deal is ready to hit the market, this one from Invictus Capital Partners...

The Seneca MSR portfolio is top heavy with California product…

Two companies that were created earlier in the decade to buy mortgage servicing rights at rock-bottom prices are headed in different directions these days: Seneca Mortgage Servicing is exiting the business, while Pingora Loan Servicing is slated to change hands for the second time in a year. As Inside Mortgage Finance went to press this week, investment banker Houlihan Lokey was involved in direct negotiations to sell Seneca’s $53.6 billion servicing portfolio, which is considered pristine in nature. Investment banking sources said...

In the SEC filing, Annaly reveals that it owns servicing assets through an “ongoing joint venture with a leading sovereign wealth fund.” The SWF was not identified…