A thirst for yield has spurred some large big-name banks to invest in hard-money loans, albeit quietly…

One source said a $30 billion bulk servicing portfolio went out for bid but was unclear whether the receivables actually traded...

Freddie Mac was active in the MSR financing sector while Fannie stayed mostly on the sidelines.

According to figures compiled by Inside Nonconforming Markets, in the first half of the year Deephaven ranked eighth among all expanded-credit mortgage lenders with total production of $650 million.

The lifting of the sanctions comes amid a recent report by Bloomberg that New Day Chairman Emeritus Joe Murin might be a candidate to be the next permanent president of the government guarantor.

In a recent investor presentation, Mr. Cooper touts that it’s fostering a “high trust” environment at the company, including an effort regarding communications with staff.

PiperJaffray said management expects to sell assets “to increase cash to prepare for” a 2021 unsecured debt maturity event. The research firm rates the nonbank’s stock as “underweight.”