The mortgage M&A market is beginning to heat up. Flagstar has auctioned off two large MSR packages, and LoanDepot is merging with another firm.

With Fannie lowering its LTV maximum it will reduce the pool of eligible GSE borrowers and likely shift those loans over to FHA, which means private mortgage insurance firms will lose business.

Cerberus Capital is contemplating purchasing additional mortgage banking firms. Meanwhile, the CFPB doesn't like what it sees in the servicing space when it comes to customer service.

Mortgage brokers are continuing to lose market share, but the decline could be temporary, especially if the megabanks run out of refis.

With the retreat of banks from the non-prime lending space, Springleaf says it is strategically positioned to grow in the years ahead.

Okay, so banking regulators have blown multiple Dodd-Frank rule making deadlines. But for now the QM rule is on track. Right?

PHH Mortgage may unload billions of dollars in housing receivables, while remaining as the subservicer on the underlying loans.

Mini-correspondent lending is hot, but wholesale may be on the decline. Surprise: RE/MAX files to go public.

FBR notes that a key provision in the draft QRM rule is that any mortgage securitized by Fannie or Freddie is automatically a QRM.

Cole Taylor Mortgage is talking to several semi-finalists that want to buy the company. Meanwhile, it's business as usual at the bank-owned lender.