Blend Labs netted $360 million from its IPO at a valuation of more than $4.0 billion. Meanwhile, Better Mortgage is in the process of going public via a SPAC.

Mortgage insurer PMI of Arizona has put itself on the auction block. Who? And therein lies a story...

Nonbank originators that have been hoarding MSRs for the past 16 months are sitting in the catbird seat. Some bids are just shy of top dollar. Time to pull the sales trigger?

The sale of mortgage franchises is picking up but there’s a headwind tied to valuations. Owners are holding out for top dollar.

Nonbanks no longer have to pay all cash for servicing rights in the secondary market. Reason: Commercial banks have returned to the sector as financiers.

Nonbank Cornerstone Home moves to buy an FDIC-insured institution. Also, should anyone be worried about SoFi’s progress in mortgages?

Applications are down but not dramatically so. Also, UWM’s CEO sees opportunities in the M&A binge, namely the ability to recruit some top-flight talent who might be left without a home.

Two months after buying AmeriHome Mortgage, WAB is carving up its massive servicing portfolio and selling chunks to the highest bidder. What’s going on? Profits, for one.

Fannie Mae is feeling slightly more bullish on the origination picture for 2021. Also: Are lenders ready to chop heads?

Bulk servicing sales are beginning to catch fire. Credit: rising rates and slower prepayment speeds. Moreover, dealmakers anticipate a red-hot third quarter for transactions.