Among those nonbanks not losing too much sleep over the FHFA proposal is Nationstar Mortgage.

“The process of dealing with RHS is a nightmare,” said Rep. Blaine Luetkemeyer, R-MO, vice chairman of the committee.

Investors have been unhappy with Nationstar’s stock performance the past year and want a clearer picture of where the firm is headed.

In response to its anxiety, the Inspector General plans a series of audits that will study the risks posed by an increasing volume of nonbank loan sales.

One source said the CFPB is even reaching out to former MI officials to assist it in its review.

Mortgages with uncured TRID violations will have higher losses if they default, owing to the potential for increased legal costs and damages, said Moody's.

First Guaranty Mortgage Corp., Frederick, MD, originated $940 million of home mortgages in the first quarter, a 48 percent jump from the same period a year earlier.

According to the website ShortSqueeze.com, almost 30.2 million shares of Ocwen are presently being shorted by speculators or 46.48 percent of the float...

The seller of the MSRs was identified as a “subsidiary of a publicly traded company established in 1995.”

Under existing New York law, mortgage companies aren’t required to maintain vacant properties until they receive a judgment of foreclosure...