Secondary

Mr. Cooper Group is buying servicing rights on $24 billion in mortgages, a subservicing contract for an additional $24 billion in home loans and the Seterus platform from IBM.

Manhattan home prices fell in the fourth quarter, with the median slipping to less than $1 million for the first time in three years, as ample inventory continued to allow buyers to demand sweeter deals.

Falling mortgage rates have reached the point where they are spurring speculation about a possible resurgence in refinancing.

With its bolstered fundraising cache, the Mortgage Bankers Association Political Action Committee should hold an increased influence over the industry's policy and regulation issues in the coming year.

New Fed Mortgage's pending acquisition of Commonwealth Mortgage LLC will allow it to expand its geographic footprint outside of New England.

Rising mortgage rates are helping decelerate home price growth, which is expected to slow further during the coming year, according to CoreLogic. Consumer uncertainty in the economy due to stock market declines may also weaken house values.

Bank OZK's George Gleason, one of our community bankers to watch in 2019, needs to rein in the Arkansas bank's commercial real estate exposure to placate nervous investors.

Fannie Mae's overall single-family serious delinquency rate dropped another notch in November, according to its most recent report, but the current government shutdown raises questions about whether that trend will continue.

Nonbank lenders are gearing up for new secondary market requirements and must make some difficult choices about whether to buy, sell or hold mortgage servicing rights, says Ruth Lee, the executive vice president of MorVest Capital.

The expected decline in conventional mortgage volume may open the door for more non-qualified mortgage lending as secondary market investors seek new opportunities to deploy capital, says Tom Millon, CEO of Capital Markets Cooperative.