Nonbank mortgage servicers for the government-sponsored enterprises would face new regulations if Rep. Maxine Waters, D-CA, has her way.

Three megabanks account for an outsized share of first liens held by banks: Wells Fargo, JPMorgan Chase and Bank of America.

Blackrock and PIMCO were among the firms cited as avoiding new non-agency MBS deals…

A spokeswoman for bemortgage said the lender’s staff will be kept in place…

The new request for information, issued Tuesday, solicits comments on all aspects of data collection...

Simone Grimes, who holds the title of special advisor, is still employed by the agency.

Ocwen said its ability to utilize the NOLs to offset future taxable income may be significantly limited if the company experiences an ownership change.

Matt Nichols, CEO of Deephaven Mortgage, said the share of LOs that actually offer non-QMs is in the single digits.

The unit will continue to be headed by industry veterans Tad Dahlke and Hal Hermelee...

However, some large commercial banks are willing to remain in the market through correspondent arrangements…