Sharply higher interest rates clobbered origination income in the first quarter of 2022, but there was a silver lining to this dark cloud: higher MSR valuations. (Includes data chart.)

It’s been a difficult couple of years for USAA, losing money and getting sanctioned by regulators. The latest development: The bank is selling the ownership rights to its MSRs.

In trading Wednesday, loanDepot's shares were up slightly on the day after falling to a new 52-week low of $2.00 a unit on Tuesday.

Rocket's MSRs accounted for 25.4% of its asset base at March 31 compared to 16.4% at yearend.

UWM CEO Mat Ishbia: “That’s why I’m the CEO. I feel pretty good about what we’re doing here"...

UWM anticipates second quarter production of $26.0 billion to $33.0 billion and a GOS of 75 to 99 bps.

During the first quarter, Fairway transferred roughly $5.8 billion of mortgage servicing rights to new owners...

When your company's stock trades for less than $5 a share, it's not a good place to be...

The good news: MSR values are enjoying a renaissance, courtesy of rising interest rates.

The top buyer of MSRs in 1Q22: Podium Mortgage Capital...