SunTrust Mortgage Originations Sink, Servicing Up
SunTrust Banks Inc. saw a bigger quarter-over-quarter decline in home lending than many of its peers. But its mortgage servicing grew.
MSRs on Alt-A Loans Being Sold
Mortgage servicing rights on a portfolio of mostly Alt-A loans are on the market. A big share of the mortgages are secured by California properties.
MSRs on Over $2 Billion in Ginnie Loans for Sale
A new offering has hit the market for mortgage servicing rights on more than $2 billion in Government National Mortgage Association loans.
Buyer Sought for Agency Mortgage Kickbacks
Agency mortgages that were kicked back by aggregators have come on the market for investors looking to purchase them at a discount.
Agency MSRs On the Market
Buyers looking to pick up mortgage servicing rights on more than $300 million in agency loans with a Michigan concentration can make bids on a new offering.
Agency Kickbacks for Sale
A small portfolio of agency home loans that have been kicked by aggregators is available for sale from a non-bank originator.
ARM Seller Sought
An investor is looking to acquire agency adjustable-rate mortgages that are secured by residential properties in the Midwest.
MSRs on Nearly $1 Billion in Agency Loans Offered
A pair of offerings have mortgage servicing rights up for auction on nearly $1 billion in agency loans with a concentration in New York and California.
Over $1.6 Billion in GSE Loans Auctioned Off
An investment banking firm has won its bid to acquire more than $1.6 billion in reperforming government-sponsored enterprise mortgages.
Wells Fargo's Home Lending Sinks
Quarterly mortgage originations tumbled on a quarter-over-quarter basis at Wells Fargo & Co. and could retreat even further. Still, mortgage income held up relatively well.