Will investors think twice about buying mortgage servicing rights because of the sabre rattling from the Consumer Financial Protection Bureau?

The more detailed 'needs-to-improve' list includes Bank of America, CitiMortgage, Nationstar Mortgage, Ocwen Loan Servicing, Select Portfolio Servicing and Wells Fargo.

Observers note that Barclays Bank is in the process of settling on a recent large NPL auction as well.

The mortgage servicing market posted its first gain in more than five years during the third quarter of 2013, but failed to get any traction as the supply of mortgage debt outstanding fell slightly over the last three months of the year. The unpaid balance of home mortgage debt peaked at an all-time high of $11.316 trillion in the first quarter of 2008 and then began a steady five-year decline through the third quarter of last year. But the Federal Reserve reported that the balance of home mortgage debt slid 0.5 percent in the fourth quarter of 2013. Don’t blame...[Includes two data charts]

Well, at least GSE junior preferred shares are holding their own. Also, Five Oaks Investment is approving correspondents for its new jumbo flow-program...

One warehouse executive, requesting anonymity, said usage rates for the fourth quarter and the first two months of 2014 “have been very low.” He gave a range of 20 percent to 50 percent.

In asking for the SCOTUS review, the DOL argues that the court of appeals erred in holding that an interpretive rule that alters the agency’s previous interpretation of a substantive regulation must be promulgated through notice-and-comment rulemaking.

"I'm pulling my old firm out of the mothballs," Glen Corso told IMFnews.

Springleaf is no longer making new real estate-backed loans, but it continues to shed legacy mortgages.

Freddie Mac has begun reviewing servicing-related violations of its program rules, issuing notices of defect for certain violations, mostly related to the conveyance of properties to the GSE with title problems.