One servicing advisor raised an interesting scenario Tuesday: Maybe Bill Erbey will swoop in and buy all of Ocwen’s shares and take the whole thing private.

Although JPM reduced the asset value of its mortgage servicing portfolio in 4Q, Wells marked up its MSRs.

Ocwen’s lack of cooperation regarding documents led the agency’s commissioner to issue a subpoena “duces tecum,” which is essentially a court summons.

Stan Kurland, PennyMac’s chairman and CEO, said the FHLB application for PMT Insurance has been on hold since it was submitted.

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?...

Sources believe that Ocwen eventually will work out a settlement with the state.

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