JPM upped its MSR portfolio by roughly $45 billion in 3Q21. Good thing because the asset is rising in value. Will other commercial banks follow suit?

Lower all-around at Wells Fargo: home lending, mortgage servicing rights, branches and employees...

Interesting note: Mortgage historians might recall that Dimon last decade was one of the first bank executives to toss wholesale lending overboard.

One interesting side note: The bank grew its third-party servicing portfolio to $509.3 billion, up from $463.9 billion at mid-year, a sequential gain of 9.8%.

However, one investment banker said he believes the SPAC/IPO — announced in May of this year — could very well come off. “Some investors have already lined up to buy shares … They could just force this thing through.”

The state with the highest overall delinquency ratio: Louisiana.

Should the CFPB have a say in bank M&As? Bankers will tell you no, but a new bill introduced on Capitol Hill opens up such a possibility.

Another M&A deal for publicly traded REIT New Residential...

AAG was the largest home equity conversion mortgage lender in the first-half of 2021, with $2.59 billion of production.

Advice from one industry consultant: Set up your phone system so it gives priority to existing mortgagors...