Owning mortgage servicing rights proved to be a great counter-hedge to an ugly origination market in the first quarter. At least two nonbanks benefited: Mr. Cooper and New Residential Investment.

What are conventional and government production networks worth these days? Probably not much...

While most industries are dying for workers, mortgage lenders have the opposite problem...

Two years ago, MSRs were — to put it nicely — a pain-in-the-neck to manage because ultra-low rates kept causing the asset to prepay...

Nonbanks will need to provide more details about how they value MSRs as Ginnie works on its new capital rules. The good news: MSRs are worth a lot more these days.

The market for residential MBS backed by second liens is showing signs of life once again and nonbanks are rolling out new products. Is a renaissance afoot?

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.

It stands to reason that as origination activity declines, some CEOs might earn less money this year than last. But a few are sharing the pain by taking a salary of $1 a year.

The compensation package could raise eyebrows given that loanDepot’s share price fell to $2.83 Thursday morning.

At Fannie, Shen was responsible for relationships with the mortgage giant’s 1,500 seller/servicers.