"Mr. Cooper" seems like an odd name for a mortgage company to trademark, but you never know...

SIFMA argues that the FHFA has to take a more active role in keeping GSE programs aligned so that differences in prepayment speeds do not emerge.

Irony or good business?: Ocwen's mortgage customers are located in the U.S., but the back office staff processing their loans are mostly overseas.

Activity in the Home Affordable Refinance Program in the second quarter of 2015 was down 0.3 percent from the first three months of the year, according to new loan-count figures released by the Federal Housing Finance Agency. Fannie Mae had a slight increase in HARP activity and accounted for 59.3 percent of the total for the two government-sponsored enterprises. …

Charles Schwab Bank was the biggest investor in consumer ABS with $12.49 billion at the midway point in the year.

It could be years before many lenders get comfortable offering non-QMs with significant default risk due to the litigation risk.

Although Republicans likely have enough votes to force a multi-prong regulatory relief bill through both chambers, the White House remains opposed...

Commercial banks and savings institutions reduced their holdings of non-mortgage ABS again during the second quarter, according to a new Inside MBS & ABS analysis of call reports. Banks and thrifts held $147.55 billion of non-mortgage ABS as of the end of June, a 5.1 percent decline from the previous quarter. The banking industry’s aggregate ABS portfolio has been shrinking steadily since the end of 2013 and was down 15.2 percent over that period. Banks shed...[Includes two data tables]

As one jumbo securitization officialtold Inside MBS & ABS: “Gain-on-sale margins have been okay, but no one is buying a new boat.”

Ginnie Mae this week revised its requirements for participating MBS issuers seeking approval of changes in their business status as a result of mergers, change of ownership or control, transfer of assets or a negative turn in their dealings with regulatory agencies. The agency decided to update the guidance because of the increasing number of requests from issuers, according to Ginnie Mae President Ted Tozer. The requests are getting more complex as well, he said. The agency’s Mortgage-Backed Securities Guide has been updated...