With the ink still dry on the January calendar, Mr. Cooper said it would buy Seterus and its $48.0 billion servicing platform. Now comes the big question: Which firm or portfolio is next on its buy list? As Inside Mortgage Trends went to press this week, several large bulk packages of mortgage servicing rights were ready to hit the auction market, including two that are north of $10 billion. The Seterus sale was announced on Jan. 3. Investment bankers immediately started speculating ...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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