Not to be forgotten, Canada holds $156.0 billion of agency product.

It’s unclear, though, how this stratagem would simplify the “recap and release” of the enterprises.

Rithm on Monday closed an $878 million debt sale, this one collateralized solely by MSRs.

Nothing like a good trade war to drive down MBS values and cause interest rates to rise. Yes, some mortgage investors are nervous. Overblown? We’ll find out.

There’s a new market leader in the subservicing arena: Mr. Cooper. But with the OCC ready to lift sanctions against number-two-ranked Cenlar, a dog fight could be ahead.

A few months back, Marlin Mortgage parted ways with COO Steve Stone. Now, describing himself as a whistleblower, Stone is suing the MSR owner, accusing the firm of a host of questionable moves.

The decrease marks the ninth quarter of net production losses in the past three years.

Might the trade wars result in China and Japan selling agency MBS?

Clawback activity peaked in 2023 in the wake of the refinance boom.

Loan officers have been the subject of compensation clawbacks, but the situation has actually eased somewhat.