Nationstar Mortgage priced $300 million of asset-backed term notes, saying the deal marks the first ever “agency servicer advance securitization.

A large and potentially lucrative RFP issued several months ago by FHFA regarding its strategic plan for taking the GSEs to the next stage in their evolution has yet to be awarded.

The recent court ruling which called into question the legitimacy of certain recess appointments – including that of CFPB director Richard Cordray – also means the agency may not have any regulatory oversight over nonbanks.

It appears the “ability-to-repay” rule is good news for mortgage servicers.

Residential production increased modestly during the fourth quarter of 2012, according to a new Inside Mortgage Finance ranking and analysis.

Fannie Mae appears to be getter faster in approving seller/servicer approvals.

Quicken is now a top-five ranked residential retail lender, but some of its loan volume comes from correspondent purchases.

With Ally Financial selling ResCap and auctioning off what's left of the bank's servicing business, top executives are departing the company.

Although Fannie Mae has set purchase limits on how much production newly approved seller/servicers can sell to the GSE, Freddie Mac has shied away from such caps.

Nationstar Mortgage is telling potential investors in the company that it plans to be a significant player in settlement services, REO management, processing and other areas.