For the past five years, the IBM-owned Seterus has been Fannie Mae’s “go-to” guy when it came to default management servicing, especially in regard to short sales, but the company’s future looks cloudy as problem loans run off the government-sponsored enterprise’s books. At the end of 2014, Seterus serviced roughly $27 billion of residential loans, according to data compiled by Inside Mortgage Finance. At one time, sources say, the company serviced at least ...

"I prefer Ocwen over any other servicer to the extent they continue the same practices," said investor John Devaney, CEO of United Capital Markets.

And let the selling begin! 2015 could be a banner year for MSR sales.

When it comes to market share, subservicers control 12.3 percent of all U.S. housing receivables.

A key organization of state banking regulators will soon release a proposed framework for nonbank mortgage servicers, though how it is finally implemented is still up in the air. The Conference of State Bank Supervisors has put together a regulatory framework that covers 12 areas of servicing and is close to being issued for public comment, said Michael Stevens, senior executive vice president of the group, during a panel session at a mortgage servicing conference ...

Ocwen Financial is turning into an MSR selling machine!

Subprime lender Deephaven Mortgage has a new executive...

Another possible outcome on g-fees is no change at all. To date, FHFA Director Mel Watt hasn’t tipped his hand.

Meanwhile, HLSS on Wednesday disclosed that it too needs more time to file its annual 10-K...

Talk about optimism: Roughly 71 percent of firms surveyed said they expect purchase-mortgage demand to rise.