MountainView did not identify the company selling the servicing rights except to say it is a “well capitalized servicer.”

Who knows, maybe Mel Watt will allow Fannie and Freddie to build retained earnings. (Don’t bet on it, but it’s an issue worth debating.)

According to Rick Roque, who heads MenloGlobal, “for the most part, executive level opportunities are stagnant, unless production comes with it."

The market heated up significantly in 2013 with $152.22 billion of Ginnie MSRs being transferred.

“We tend to look at most everything if it is mainly performing and is 2010 or later vintage agency product," said Pingora CEO Michael Lau.

Ocwen officials said the sale of agency receivables has the potential to free-up more than $1.7 billion of capital for the company.

Associates of Erbey told IMFnews that he knew several weeks ago that he would be stepping down from the company and viewed himself as a sacrificial lamb of sorts…

Skyline CEO Bill Dallas predicted that the nonbank funder could originate almost $4 billion next year, almost double what it produced this year.

The subordinated debt deal will double the capital base of Skyline Lending.

Aquiline is headed by Jeffrey Wayne Greenberg, son of former AIG chairman Maurice “Hank” Greenberg.