“It’s hard to believe the FHFA will release the PMIER rules without doing something on LLPAs,” said one official.

The separation agreement prohibits the mortgage industry veteran from competing with Ocwen for at least 24 months.

Assisting DocMagic with its work on RESPA-TILA disclosures is Richard Horn, a former senior advisor at the Consumer Financial Protection Bureau...

Two of the four, Chase and BofA, reported increased originations during the fourth quarter. At Chase, production was up 8.5 percent...

Altisource recently eliminated 800 employee positions and hundreds of contractors.

A recent report from Barclays found that Ocwen is the servicer on $500 million worth of eligible deals where the collateral value is above 107.

At press time, the yield on the 10-year Treasury was at 1.80 percent, the lowest level since May 2013.

“The bureau welcomes and encourages suggestions of cases as candidates for amicus curiae participation,” said the letter, signed by Meredith Fuchs, general counsel of the CFPB.

Issuers of non-agency MBS finished 2014 with a flourish, as production totaled $10.63 billion in the fourth quarter, according to a new Inside MBS & ABS analysis and ranking. But despite a 4.1 percent gain during the fourth quarter, 2014’s total issuance of $35.14 billion came up 9.6 percent short of the total for 2013. The only sector that showed any growth last year was the scratch-and-dent market, where issuance was up 17.6 percent from 2013. In fact, securitization of nonperforming and re-performing mortgages accounted for...[Includes three data charts]

Analysts are expecting Ginnie Mae prepayments to increase moderately in the wake of last week’s announcement that FHA is reducing its annual mortgage insurance premium by 50 basis points. Specifically, the annual MIP would be lowered 50 bps for 30-year fixed-rate FHA mortgages, although the new charges continue to vary depending on loan-to-value ratio and loan amount. Streamlined refinances of FHA loans endorsed before June 2009 are not covered by the new pricing, nor are 15-year FHA mortgages. The timing of the announcement reflects...