MBS trades slipped in April as markets digested the latest tariff and budget machinations of the Trump administration. MBS prices are going nowhere but MSR values continue to increase.

The bank wants to be a force in warehouse finance. Last fall it hired industry veteran Donnie Martin to oversee the effort. The bank plans to finance nonbank mortgage companies by mid-summer.

The privately held Bayview reportedly has a “ton of capital” at its disposal, according to investment bankers.

The disclosure comes as Bayview has amassed a 7.3% ownership stake in Guild’s Class A common stock.

The Trump White House wants the Fed to cut rates but with employment healthy and U.S. deficits growing larger, that’s not likely to happen. One casualty: MBS prices.

Non-QM lender/servicer Acra is in the hunt for a new CEO. Other changes may be in the offing too — as the sale of Acra’s parent, HPS, to BlackRock draws closer.

Incenter, one of the granddaddies of the servicing brokerage business, has a new owner: tech shop Rocktop of Irving, TX.

Keith Lind was a managing director at HPS prior to joining Acra and he recently returned to HPS in a senior leadership role.

GSE regulator Bill Pulte said he's considering rebranding the Federal Housing Finance Agency.

Mortgage bankers are hoping for a strong May and June to tide them over.