Correspondent lending accounts for 21.4 percent of Stearns’ total origination volume, based on fourth quarter figures from Inside Mortgage Finance…

Dave Akre, who runs Whole Loan Capital, noted, “How can they stay in the mortgage origination business when servicing is a huge part of the borrower experience?”

PHH Corp., for years, has been trying to unload its entire mortgage franchise, a process complicated by both regulatory sanctions and large accounting losses tied to declining interest rates.

The business that Flagstar will acquire has 250 correspondent relationships that account for roughly $7 billion in production tied to agency and GSE loans.

When commercial banks run screaming from a business, it usually opens up a huge opportunity for nonbanks…

With interest rates staying steady the past few weeks, more bulk MSR deals are hitting the market.

The "Lost Sales Analysis" product – licensed from its developer, Equifax – helps originators determine if applicants closed a mortgage with a competitor.

Keefe, Bruyette & Woods is worried about the prepayment risk that comes with owning so much Fannie Mae/Freddie Mac servicing rights…

The last company to go on an MSR acquisition binge this fierce was Ocwen Financial…

Fortress also owns roughly 70 percent of Nationstar Mortgage, a stake it has held for quite some time.