Much of the groundwork for administrative reform of the GSEs was laid during the previous Trump administration.

In an election year, some politicians might offer the impossible — like GSE reform. Trump appears to be there. But Harris?

At mid-year, Cenlar remained the largest subservicer in the land, but growing one’s book of contracts is getting more challenging. Meanwhile, PennyMac Financial wants to be a significant player. (Includes data table.)

Private-equity firms still love MSRs, apparently. But will declining mortgage rates diminish PE demand for servicing?

With rates poised to drop even more, most nonbanks are having no trouble securing credit these days.

Besides being an active home lender and originator, NexBank is the nation’s 13^th largest warehouse provider.

A Trump plan for resolution of the GSEs? Sounds like it...

Acra’s first-ever MBS is ready to hit the street. The company’s servicing platform, Citadel, will be the master servicer on the bond. More issuances are expected, but not until 2025.

Nonbank originations in the primary market appear to be on the upswing with just over three months to go in the year. That’s good news for warehouse providers, but another financier is departing. (Includes data table.)

Believing in its prowess as a servicing recapture expert, Rocket Mortgage is itching to buy MSR packages. In other M&A news, a distillery wants to enter the origination business. Think of the cross-selling opportunities!