According to the offering circular, the Ginnie receivables total $1.40 billion and carry an overall delinquency ratio of 6.60 percent.

Walter Investment, the parent of Ditech, is considered a turnaround situation...

Fresh off agreeing to buy $20 billion in mortgage servicing rights and production assets from New York Community Bancorp, Freedom Mortgage is in the hunt for more deals. “We’re looking and we’ve had people approach us with opportunities,” company founder and CEO Stanley Middleman told Inside Mortgage Finance. “We’re working on several MSR acquisitions right now.” Middleman declined...

In the same new regulatory filing, PHH also noted that Kathryn Ruggieri stepped down as the lender’s chief human resources officer effective June 30…

We haven’t see a whole lot of servicing auction notices the past two weeks...

Overall, NYCB will earn, on a pre-tax basis, $90 million by exiting the residential finance sector…

One possible snag is the Consumer Financial Protection Bureau.

One industry consultant who expects a lot of activity this year is David Lykken, president of Transformational Mortgage Solutions.

The Fannie Mae portion of the MSR sale is expected to close sometime in the third quarter.

Bids are due June 27. Delinquencies total just 0.3 percent of the entire package.