Flanagan and Carrillo have been active sellers of loanDepot stock the past few months, according to SEC records.

With mortgage banking profits under pressure these days, sleep is still being lost over what might go wrong in the nonbank sector regarding Ginnie Mae obligations. One idea: a commercial paper backstop.

State Farm has a 20% share of the homeowners market in the Golden State...

Has the trend toward servicing outsourcing slowed? It’s starting to look that way, especially with mortgage rates staying high. Or perhaps this is just a long overdue rest? (Includes data chart.)

The slowdown in home lending offers companies an opportunity to bring on new vendors and change technology platforms. But does this apply to the specialized world of warehouse finance?

Tonkel was a top executive at Friedman, Billings Ramsey, which took many a REIT public in the 2000s.

The Utah-based specialty servicer became the property of UBS during the recent bank liquidity crisis.

The future of Select Portfolio Servicing is unknown, but $37.1 billion of its mostly non-agency servicing rights recently hit the auction block.

Banks are less aggressive these days when it comes to buying MSRs. But not all. JPMorgan recently acquired a $21 billion package of servicing rights from Rocket, the nation’s fifth-largest processor of loans.

If you’re looking for a sign that mortgage banking has bottomed, take a glance at the debt prices of nonbank lender/servicers. Many are up, though not all. Now, if only interest rates would cooperate.