An increase in MSR values was the order of the day during the first quarter, but the markups were not significant. And some lenders had slight declines. The good news: Origination profit margins improved.

The sale effectively takes Flagstar out of the warehouse lending arena.

Better's gain-on-sale margin improved to 237 basis points in 1Q24 from 203 bps for all of 2023...

At March 31, U.S. Bank owned $347.7 billion of MSRs, ranking ninth among all servicing owners.

Smith's resume includes stints at Caliber Home Loans and Mission Loans...

In the first quarter, Guild did not disappoint, posting a GOS of 364 basis points...

The Irvine, CA-based lender has teamed up with a money manager to buy non-QMs.

Acra is once again entertaining the idea of issuing MBS through its own shelf. The wholesaler has also teamed up with a money manager.

When mortgage bankers think of megabanks selling MSRs, Wells Fargo comes to mind. But U.S. Bank is selling servicing rights as well. Its latest sale: a $15 billion package of GSE rights.

If you’re looking for signs of hope in a difficult mortgage market, a source of inspiration might be the debt values of certain lender/servicers.