It’s been a difficult couple of years for USAA, losing money and getting sanctioned by regulators. The latest development: The bank is selling the ownership rights to its MSRs.

Is the long-awaited M&A tsunami finally here? Maybe, maybe not. But one thing is for certain: Some of the IPO class of 2020-2021 might be vulnerable.

The two REITs have seen success even as profits from mortgage lending decline thanks to diversification efforts involving business-purpose lending and venture capital investments.

New York Community Bank and Flagstar Bank are now pursuing their proposed merger under a national charter and have until Oct. 31 to close the deal.

FDIC-insured banks are eager beavers when it comes to MSR acquisitions these days, dealmakers report. But have prices peaked? Not yet.

The mortgage origination “correction” has arrived, with some shops pondering their options. As one dealmaker put it, “Many lenders will need to find a safe port in the storm.”

Another blockbuster year for servicing sales? If the first quarter is any indication, the answer is yes. The key determinant: interest rates.

When the going gets tough in mortgages, the tough retire. Then again, they can afford to, having made so much money the past two years. But who might replace all those graying CEOs?

A year of transition? Tough times require action on the part of mortgage CEOs. Some shops are adding new products and branch networks. Others are pulling the layoff lever.

Altisource Asset Management is shifting its focus from managing assets to acquiring non-QMs and other alternative mortgage products.