The firm estimates that upwards of $300 billion of MSRs are currently on the auction block with another $1 trillion to $2 trillion to come.

PHH saw its share price spike late last week after rumors spread that it may sell a large block of mortgage servicing rights.

The implementation date for lower GSE loan limits is being shifted to the end of the first quarter, or so we hear. Meanwhile, Citadel enters the market for stand-alone seconds.

Brokers and others who do business with Nationstar Mortgage said they’ve been hearing stories about two-week delays on funds being delivered. Meanwhile, FHA has run out of multifamily money.

The top 20 bank and thrift mortgage servicers all reported increases in their MSR valuations, according to exclusive figures from Inside Mortgage Trends.

Bulk offerings of mortgage servicing rights, even new production, are now plentiful.

Mortgages banking firms are still in demand, but pricing may fall. And at Wells Fargo, it's jumbo rates remain cheaper than GSE rates.

Wells Fargo, JPMorgan Chase and Flagstar are all working on large servicing deals, but as sellers. Meanwhile, HUD is worried about lower GSE loan limits.

Two Harbors revealed that it sold several billions of dollars’ worth of agency MBS in the third quarter as the assets became less attractive with rising rates. The proceeds will be used to buy MSRs.

When it comes to mortgage servicing rights, Pingora has been a busy bee. It bought Gilpen Mortgage and has been an active bidder on several packages.