Most of the major bulk buyers recorded big gains during the third quarter. Ocwen Financial closed some $57.22 billion of bulk purchases...

Steve Abreu, who founded Newfi and serves as its CEO, will stay on with the mortgage firm after the sale closes.

Rocket sold $40.85 billion of agency MSRs during the third quarter after sitting out the prior period...

The one saving grace for these companies is that the recent rise in rates has increased the asset value of their servicing portfolios...

Ocwen hints at good things in its (coming) 3Q21 results...

However, one investment banker said he believes the SPAC/IPO — announced in May of this year — could very well come off. “Some investors have already lined up to buy shares … They could just force this thing through.”

Another M&A deal for publicly traded REIT New Residential...

Firms that made big bets by purchasing bulk product in the secondary market earlier in the year are already sitting on gains.

The Stratmor Group: “The historical relationship is clear. When profitability increases, owners hold onto their companies. When it falls, more look to sell.”

Looking to lop off some of your MSRs? You're in luck...