Qualified buyers have until June 2 to bid on the Miami-based loans.

Then there was Bert Ely who noted: "In my opinion, American housing policy is leading the country down the same path that led to the last housing bubble..."

The sale actually closed at yearend, although it was revealed in a press statement dated April 21.

The MBA is backing changes to how the CFPB functions...

First Ocwen, now Green Tree...

The Federal Reserve is seen as taking the brunt of nonbank servicer-induced prepayment risk on agency MBS.

Earlier this year Cherry Hill agreed to buy Aurora Financial Group and its $700 million servicing portfolio for $4 million. Included in the purchase was Aurora’s agency approvals.

for 2014, Messina's compensation package included a base salary of $930,436, stock awards of $2.3 million and $4.1 million in “non-equity incentive” pay.

A period with protection against liability would allow the CFPB to evaluate any unforeseen issues stemming from TRID.

CFPB Community Bank Advisory Council Meeting April 22. CFPB Director Richard Cordray plans to discuss credit scores and credit reporting and the related implications for community banks when the bureau convenes the next meeting of its Community Bank Advisory Council on April 22, from 3:00 p.m. to 4:30 p.m., in Washington, DC. The event is scheduled to be held at the bureau’s location at 1275 First Street, N.E., and is open to the public, but an RSVP is required to attend. CFPB to Hold Research Conference May 7-8. The CFPB plans to host its first research conference May 7-8, 2015. The conference will focus on high-quality consumer finance research, with academic and government researchers presenting their research papers. “The goal ...