Regarding Altisource, the phrase “catch a falling knife” comes to mind. Cooperman is the Chairman and CEO of Omega Advisors…

Is Ocwen the seller of the MSRs?

Still, the four super-sized U.S. banks – those with more than $1 trillion in assets – continue to rank in the top five GSE sellers.

“I see a lull in aspiring new talent,” recruiter Rick Glass told Inside Mortgage Trends.

Roughly 5 percent of Citadel's production is retail with correspondent accounting for 7 percent. The balance entails table funding.

In settling, S&P did not admit or deny any of the allegations levied against the firm.

After hearing from the industry, the CFPB determined that the short turnaround could pose challenges for lenders that allow consumers to lock rates late in the day or after business hours.

Assisting DocMagic with its work on RESPA-TILA disclosures is Richard Horn, a former senior advisor at the Consumer Financial Protection Bureau...

“It’s hard to believe the FHFA will release the PMIER rules without doing something on LLPAs,” said one official.

The separation agreement prohibits the mortgage industry veteran from competing with Ocwen for at least 24 months.