Meanwhile, new revelations about regulatory problems in California are likely to make Ocwen’s disposal of servicing rights problematic.

The CFPB found that 70 percent of mortgage customers rely on their lender or broker to obtain loan pricing information.

The Council of Federal Home Loan Banks said the FHFA has shown “no compelling need” for the proposed changes to membership standards.

For short sellers, Ocwen Financial is the gift that keeps on giving.

The two top banks increased their HEL holdings from midyear, and industry analysts expect home-equity lending to continue to increase in 2015.

Despite Cordray's proclamation, loan production fell by 35 percent last year, but all that was tied to refis plunging. Right?...

Patrick Flanagan, Cove’s CEO, was once the president of New Century Mortgage, a now-defunct subprime giant

FHA lenders may start requesting case number cancellations on Jan. 15, but must submit all requests before midnight on Feb. 26.

“I only saw about 5 percent of my buyers face-to-face last year,” said one Texas-based loan officer.

The CFPB is likely to throw its weight around just as much this year as it did last year, only its focus and intensity will be more diverse in terms of the industries that will be affected. Back in 2014, much of the regulatory concern among lenders had to do with the bureau’s ability-to-repay rule with its qualified mortgage standard, and to lesser extents its rules on mortgage servicing and loan originator compensation. Make no mistake. The mortgage industry is still in the CFPB’s crosshairs. The biggest payload to be delivered in this regard in 2015 is the long-awaited and much discussed integrated disclosure rule under the Truth in Lending Act and the Real Estate Settlement Procedures Act. That rule ...