When all is said and done, the buyer could wind up with $2.12 billion worth of government product.

Final bids on the MSR package are due Sept. 2...

MSR offerings won’t get frothy until mortgage lender/servicers, especially those of the publicly traded variety, feel the heat from company owners — and investors — to keep the earnings gravy train going...

The nonbank is contemplating selling some of its MSRs...

The mortgage industry has seen this movie before...

The Prestwick offering has collateral is located in 30 states, with Texas and Arkansas homes leading the pack. Bids are due Sept. 8.

JMP said it sounds like “these actions” by the GSEs “primarily targeted nonbank wholesale channel lenders, of which UWM [United Wholesale Mortgage] and HMPT are among the largest.”

It's a tough market for mortgage companies to go public, but Better.com is plowing ahead. Its founder is Vishal Garg.

MorVest Capital recently closed out its auction of $528 million of Fannie Mae MSRs. Without providing too much in the way of detail, MorVest CEO David Fleig told IMFnews the bids were “very strong.”

The appeal of owning MSRs seems to be lost on commercial banks. Will the trend line ever change?