Treasury controls the senior preferred stock of the GSEs. The junior preferred and common continues to trade in the over-the-counter market and through private transactions. The latter two classes of stock are considered speculative in nature.

Over the past year, PHH’s share price has traded as high as $16.80 versus a 52-week low of $8.26.

PHH had been subservicing the loans for HSBC and the new owner of the MSRs had opted to bring the loans inhouse instead of using PHH…

The 'Trump Bump' Hits the MSR market as well...

If rates don’t improve in the next few months, one area where lenders will try to save money is on loan officer compensation...

The FHFA’s mention of servicing liquidity is an acknowledgement of the growing market share gains by nonbanks.

Usually, when a lender consolidates sales units, a certain amount of workers are let go...

Investors are snatching up shares of publicly traded MI firms...

“Roughly 30 to 40 percent of our customers are eligible to waive escrows,” said UWM CEO Mat Ishbia.

Some industry executives believe the recent spike in interest rates could prove temporary.