The disclosure comes on the heels of a recent legal settlement in California that paves the way for Ocwen to buy servicing rights once again...

Nationstar said it expects to board $144 billion of additional contracts in 2017, $111 billion of which is subservicing for New Residential Investment Corp.

Consequently, top-tier banks that offered FHA-insured mortgages have opted to either restrict their government business or exit the program altogether…

Officials at New Rez are set to meet with the FHFA to discuss servicing issues, including MSR financing…

Nexera founder and CEO Steve Abreu – a former GMAC executive – said there’s a great deal of interest from PE firms in the “disruptor” segment…

Freddie Mac has yet to enter the SFR market in any significant way, but may soon, its CEO told IMFnews recently…

Market watchers must be wondering just how long investors will continue to believe in the GSE “bet” made by hedge fund manager Pershing Square Capital Management.

Meanwhile, it appears that JPMorgan Chase is ready to surpass Wells Fargo as the market leader in jumbo production…

At Dec. 31, New Residential valued its mortgage servicing portfolio at $659 million...

“This is a fair and just settlement for California consumers,” said CDBO Commissioner Jan Lynn Owen. “The terms will hold Ocwen accountable for widespread violations of laws that harmed borrowers in our state.”