Roughly 59.8 percent of the reviewed loans were initially deemed unacceptable.

In early July, the REIT closed on its previously announced $190 million purchase of Shellpoint Partners, an acquisition that includes mortgage banking firm New Penn Financial.

IMA is working on two flow deals that could net the buyer upwards of $100 million a month in new product...

Some MSR investors are suffering from "buyer exhaustion," said one deal maker...

As the outlook for originations – especially refis – continues to worsen, more nonbank mortgage firms may consider selling out to larger competitors later this year, according to interviews conducted by Inside Mortgage Finance.

Meanwhile, several large MSR packages are currently out for bid.

The average loan size could be as high as $227,000…

Of course, Ditech has a bit of back story…

A few weeks back, Phoenix Capital was in the market with a flow MSR offering that carried a maximum size of $540 million…

Ditech Financial, the nation’s 12th largest servicer of home mortgages, is officially on the auction block and it comes at a time when several nonbanks are heading for the exit ramp. Now, the big question: Can Ditech be sold in a stock transaction or will it be an asset sale?