At press time, Ocwen's common was trading at $28.06 compared to a 52-week low of $17.29 and a high of $35.08.

In its comment letter, FHLB San Francisco essentially said: None of your business.

Just how hot is the IPL market? Two well-regarded Wall Street firms — Credit Suisse and Goldman Sachs — brought out their first deals of the year...

PennyMac Financial Services, the nation’s second largest Ginnie servicer overall, listed buyouts of $11.6 billion for the six-month period ending June 30...

Cadence Bank CEO Paul Murphy said the company “believes that at all times it acted in compliance with our nation’s fair lending laws.”

Wells Fargo's jumbo servicing portfolio declined by 2.5% to $242.25 billion...

In a new report, the rating service notes the “extensive” MSRs of nonbanks “often make the quality of their capital much weaker than that of banks.”

Policy recommendations from UI include flexibility in mortgage underwriting standards...

Final bids on the MSR package are due Sept. 2...

Dave Worrall of LoanCare: “It will be interesting to see how the delinquency numbers change as the [foreclosure] moratoriums end.”