If MBS values are poised to increase, now might be a good time for REITs to raise cash and buy securities on the cheap.

Nonbank mortgage companies continue to complete debt sales, especially firms that have mortgage servicing rights to leverage.

The warehouse lending business remains profitable but there are concerns, namely a reduction in the number of nonbank mortgage companies due to M&As.

CEO/owners, north of age 65, in particular, are contemplating getting out.

One source told us: “The supply/demand for warehouse credit is out of whack,” but added: “This happens at times”

Average daily MBS trading declined in July. The latest reading is still better than full-year measurements of the past few years.

M&A activity is picking up a head of steam but the market is waiting on more mega deals. As consulting veteran David Lykken put it: The atmosphere is “both exciting and scary.”

Selling mortgage servicing rights attached to healthcare and multifamily loans is a rare event.

We know the name of one nonbank originator that’s working on buying another franchise.

The whole-loan sales come even though Acra’s new owner, BlackRock Financial, has deep experience with non-agency securitization.