The firm estimates that upwards of $300 billion of MSRs are currently on the auction block with another $1 trillion to $2 trillion to come.

Nationstar's new filing with the Securities and Exchange Commission offers little in the way of information on the terms of the new $1 billion facility.

PHH saw its share price spike late last week after rumors spread that it may sell a large block of mortgage servicing rights.

Citi handed pink slips to 1,000 mortgage workers on Monday. It appears that some loan officers were let go.

The implementation date for lower GSE loan limits is being shifted to the end of the first quarter, or so we hear. Meanwhile, Citadel enters the market for stand-alone seconds.

In less than a month Wells Fargo has unveiled mortgage-related layoffs of 4,100. Some of those receiving pink slips could find other work at the bank.

Wall Street will hit the halls of Congress on the issue of eminent domain. Meanwhile, these lenders are refi-heavy: Wells Fargo, Chase, and Quicken. See our exclusive list.

If FHFA lowers the Fannie Mae/Freddie Mac loan limit, will that business shift over to the FHA?

Brokers and others who do business with Nationstar Mortgage said they’ve been hearing stories about two-week delays on funds being delivered. Meanwhile, FHA has run out of multifamily money.

It appears that Integrated Financial Group of Pennsylvania is the latest victim of the mortgage downturn.