Provident Funding has one word for last week's rate spike: "Ugly." Meanwhile, the TBW MSR portfolio finally gets sold...

Freddie Mac's "low activity fee" will be mostly eliminated. However, it will still apply to originators that have not sold a loan to the GSE in 36 months.

With rates rising and liquidity increasing, more mortgage servicing portfolios are hitting the auction market.

When rates rise, loan officers begin to bite their nails, unless they are heavily reliant on purchase-money loans.

The Corker-Warner GSE bill could see the light of day next Tuesday. Meanwhile, HLSS is selling more shares to the public.

Thanks to rising interest rates, now may be the time for Flagstar to sell a huge block of servicing.

MBA pushes for GSE AU engines to be synchronized. Meanwhile, a factoid of mortgage history: Treasury chief Paulson wanted Fannie and Freddie put in receivership.

With rates rising and refis falling, will certain mortgage companies head for the exits? And if they do, will they get too greedy on the sale price?

Former GSE regulator James Lockhart noted that only one “catastrophic” guarantor is needed, though he stressed that “you need more than one issuer.”

PennyMac Financial must be rolling in the dough: the firm is handing out huge stock awards to its top officers.