The state, in a recent case, took the position that the owner of mortgage servicing rights, whether handling day-to-day obligations or relying on a subservicer, is required to be licensed under state law.

The smart money says it’s time to buy MSRs again. Meanwhile, Texas Capital Bank tries to figure out its future.

Bulk transfers of Fannie and Freddie servicing rights increased significantly from the fourth quarter, but the Ginnie market was dead. New bulk buyers topped the ranking. (Includes three data charts.)

Subservicing has been a growth business the past several years but now some mortgage bankers, flush with cash from the refi boom, are bringing the task inhouse.

Many of the bank’s mortgage borrowers saw income increase during the pandemic, with boosts from stimulus checks and unemployment benefits.

Banks continued to allow their portfolios of servicing for others shrink during a year when MSR production levels set records. (Includes data chart.)

Bank acquisitions in the mortgage space have been few and far between the past few years. Still, officials at Western Alliance believe it makes perfect sense for the bank to acquire AmeriHome Mortgage.

EarnUp offers payment and saving-services to consumers and is using the access to borrowers’ bank accounts to provide insights to mortgage servicers.

It’s not every day that a lender commits to sell $34 billion of MSRs. IMA is the investment banker on the package and speculation is rising on who the seller might be.

A significant chunk of the big fourth-quarter increase in agency MSR transfers came from Freedom Mortgage's acquisition of RoundPoint Mortgage Servicing. But total servicing transfers for 2020 fell well short of recent years. (Includes three data charts.)