The nation’s top consumer regulator told lawmakers the bureau has already provided an extended implementation period of 21 months...

The researchers said their data included seven of the 10 largest servicers based on market share.

Freddie had 4,957 full-time employees and 50 part-timers as of Feb. 5, down 2.1 percent compared to a year ago.

Pretium won pools one and two, which have a combined loan balance of $238.6 million.

Meanwhile, Ocwen watchers are scratching their heads over a fourth quarter goodwill charge that eventually could reach $420 million...

Bank of America was among the few major depositories that reported a loss in mortgage-banking income, losing $253 million in the fourth quarter.

With little non-agency MBS issuance, Collingwood noted that it’s difficult to accurately price credit risk.

The identity of the bank could not be confirmed at press time...

Coupled with a recently announced Freddie Mac MSR sale to Nationstar ($9.8 billion), Ocwen estimated the sale of GSE receivables will generate $550 million in gross proceeds.

Eventually, the seller may offer $500 million per month in GSE product or $6 billion per year.