Ares said it will use the cash from the sale of its mortgage banking subsidiary to its “principal lending portfolio.”

There’s a growing concern about price discounts on Ginnie servicing rights, and a strong belief that the agency is once again getting anxious about so many nonbanks being such large players in the market.

Among those reporting higher application volume is Prosperity Mortgage, the residential lending arm of realty giant Long & Foster...

The mortgages currently are being subserviced by a firm described as “DMI.”

Who needs a toaster when you can have a mortgage at a 25 basis point discount?

How big of a deal in this liquidity summit? Well, officials from the Federal Reserve and Treasury Department will be there...

The market is beginning to see more MSR auctions, much of it tied to GSE product...

Seneca – whose backers include The Blackstone Group, EJF Capital and Arbor Commercial Mortgage – may not be so growth-oriented going forward.

More servicing auctions are hitting the market but sellers have to be realistic on pricing...

A few months back, Nationstar was awarded a $55 billion subservicing contract from a depository…