The market for nonperforming mortgages could turn white hot in 2013.

Walter Investment is buying the residential origination platform of Ally Bank for next to nothing.

If Wells Fargo sells MSRs more investment vehicles dedicated to servicing rights may spring up.

Add this to the mortgage banker worry-list: the FHFA is once again toying with the idea of changing the minimum servicing fee on Fannie Mae and Freddie Mac loans.

Roughly $20 billion of mortgage servicing rights that once belonged to Taylor, Bean & Whitaker are quietly being shopped around.

Joe Anderson, who worked at Countrywide Financial Corp. for 17 years and then Nationstar, is considered the top candidate to get the CEO job at Vericrest Financial.

Stonegate Mortgage has launched a new jumbo conduit, hiring Eric Schlotz, a 15-year veteran from GMAC-RFC in Minneapolis, to manage the operation.

Three senators are pushing for 3 percent downpayment language on the QRM rule.

Fannie Mae is working on a plan to sell billions of dollars of nonperforming loans in the second quarter.

Officially, the GSE net-worth minimum is set at $2.5 million, but some in the industry think it will double eventually.