Ocwen has registered preferred shares with the NYSE. The sale will benefit WL Ross & Co.

The issue of Fannie Mae encouraging lenders to sell for cash instead of securitizing has been a hot topic over the past few months.

Total primary mortgage insurance coverage provided by private MIs fell 6.5 percent to $50.44 billion in the first quarter, a figure that includes HARP loans.

A company affiliated with MBS co-inventor Lewis Ranieri is moving closer to issuing a security backed by "prime-quality" non-agency loans.

Freddie Mac has been profitable for six quarters but needs to show positive earnings for six more before it can recapture its deferred tax asset.

A $750 million offering of nonperforming mortgages is expected to go down this week. Meanwhile, NAFCU is mad at FHFA over the QM rule.

Roughly 75 percent of bank loan officers cited put-back risk by Fannie Mae and Freddie Mac as an important factor limiting their current ability or willingness to approve home-purchase loans.

Besides entering the servicing arena, Two Harbors Investment Corp. is building an originator network to issue non-agency jumbo mortgage-backed securities on its own.

Two Ohio pension funds that owned stock in Fannie Mae sued the GSE in 2004 related to a $6.3 billion overstatement of earnings.

The market for securities backed by servicer advances is red hot, but S&P says investors face risks.