Suffice to say, Fannie and Freddie are two cash cows that only a crazy person would eliminate, unless that crazy person doesn’t like money…

WMIH Corp., a shell company whose chief asset is tax losses, this week agreed to purchase Nationstar Mortgage for roughly $1.68 billion in cash and stock.

Look for New Residential to become a buyer of Ginnie Mae servicing packages...

Nationstar’s stock is publicly traded, but is majority owned by Fortress Investment Group, which late last year was sold to SoftBank.

Nationstar’s stock is publicly traded, but is majority owned by Fortress Investment Group, which late last year was sold to SoftBank.

Dealmakers point to not only higher interest rates but lower anticipated loan production and MSR values that are firming up.

In the summer of 2015, The Blackstone Group bought a controlling interest in Stearns.

“Both sides have gotten to know each other very well, so the intangibles and cultural fit are expected to be very strong,” said investment banker Mark Stafford of MS Capital Advisors.

The bulk market was dominated by New Residential Mortgage…

Several other MSR packages are expected to hit the market in the coming weeks…