Is it possible that Ocwen will sell the entire company and not just all of its agency servicing rights?

With the first quarter coming to a close, the mortgage mergers and acquisitions market shifted into high gear this week as Ocwen Financial stepped up its auction of agency servicing rights and new revelations surfaced that RoundPoint Mortgage was almost sold, but the deal hit a snag over pricing. According to investment banking officials familiar with the RoundPoint situation, a buyer backed away from the transaction because the servicer’s owner, Tavistock Group ...

Real estate agents prefer to work with lenders that have a local presence, but call-center operations have improved their reputations among agents, according to new research by Campbell Surveys, based on a national survey sponsored by Inside Mortgage Finance Publications. “Survey results show that Quicken Loans’ call-center model can be an accepted alternative to the local branch/local loan officer model, at least for some homebuyers and real estate agents ...

Impac said it will originate more than $2.0 billion of all mortgages in 1Q15, almost double what it produced the previous quarter.

The bill would exclude from the calculation insurance and taxes held in escrow and fees paid to affiliated companies...

For capital, the proposed baseline standard for all nonbanks would require a base net worth of $2.5 million...

The headline might sound promising, but keep in mind that during the housing boom of 2003 to 2007, the industry averaged nearly $340 billion a year in home-equity originations.

CFPB General Counsel Meredith Fuchs showed little sympathy for lenders worried about TRID's start date, referencing the rule's long implementation period.

As loan quality improves, it endangers the job prospects for "high-touch" servicing specialists.

Getting information out of Seterus about its business is like trying to crack the Kremlin.