MIAC is out with a new $73 million Fannie package and MountainView and The Prestwick Group are working on transactions as well.

And there could be some good news on lower LLPAs. Fannie said that come May 2015, it will change how it treats loans where there are two or more borrowers...

In the retail channel, LoanDepot ranks fifth among all nonbanks, a figure that excludes what Mortgage Master brings to the table.

“Banks of all sizes are having problems with the new limits,” the three trade groups argue.

We should point out that even though LoanDepot is doing the buying, the Mortgage Master brand name will survive. LD did the same thing when it combined forces with imortgage last year…

According to one advisor who saw the original bid package, the delinquency rate on the non-agency MSRs are north of 20 percent.

Will former Long Beach Mortgage executive Jon Daurio finally launch a new nonprime venture?

However, these same sources contend that Ocwen was successful in selling a smaller package of Ginnie MSRs.

Mortgage M&A activity remains red hot. We understand that RPM Mortgage of California is working on another acquisition...

PennyMac’s MSR portfolio is almost evenly divided between subservicing for others, the company’s own originations, and mortgage servicing rights acquired from others.